Shiba Inu's Burn Rate Surges 508%, Potentially Entering Rally Phase

Shiba Inu's burn rate has soared 508%, potentially shifting the meme coin's momentum from a downtrend to an uptrend. Trader Kamran Ashgar suggests that the lengthy consolidation phase may be over, hinting at potential for a "massive expansion" ahead. The coin's price has seen a 0.9% increase over the last 7 days.

Valour Inc. has announced the launch of eight new SEK-denominated ETPs on Sweden's Spotlight Stock Market. The ETPs cover a range of digital assets, including Shiba Inu (SHIB), Pi (PI), Ondo (ONDO), Cronos (CRO), Mantle (MNT), VeChain (VET), Ethena (ENA), and Celestia (TIA). These new listings aim to provide regulated, exchange-traded access to these digital assets, catering to the growing demand for diversified digital-asset exposure among investors.

The launch of these ETPs expands Valour's product suite in the Nordic region and further strengthens its leadership in regulated digital-asset investment solutions. Each ETP offers simple, regulated, and exchange-traded exposure to its underlying digital asset via traditional brokerage accounts. The management fee for each product is 1.9%.

Johanna Belitz, Head of Nordics at Valour, commented on the launch, stating, "Nordic investors continue to seek simple and transparent access to a wider range of digital assets. These additions deepen our coverage across L1s, L2s, modular infrastructure, and high-engagement tokens—directly aligned with the market's demand for diversified exposure."

Elaine Buehler, Head of Product at Valour, added, "This launch reflects our product strategy: curate a balanced mix across core infrastructure and emerging themes like tokenized yields and modular blockchains. Our goal is to help investors build targeted exposure through regulated ETPs they can trade in their standard investment accounts."

With these additions, Valour now offers over 85 ETPs across major European venues, including Spotlight Stock Market (Sweden), Börse Frankfurt (Germany), SIX Swiss Exchange (Switzerland), and Euronext (Paris and Amsterdam), reinforcing its leadership in regulated digital-asset investment solutions.

References:

[1] https://www.morningstar.com/news/pr-newswire/20250827va60117/valour-launches-eight-new-etps-on-spotlight-stock-market-including-shiba-inu-shib-pi-pi-ondo-ondo-cronos-cro-mantle-mnt-vechain-vet-ethena-ena-and-celestia-tia