Shiba Inu Community Drives SHIB ETF Push as Token Surges
1min read The Shiba Inu (SHIB) community is intensifying its efforts to advocate for a SHIB-focused exchange-traded fund (ETF), urging major asset management firms like blackrock and Grayscale Investments to take action. The momentum behind this initiative has been rapidly growing, with a Change.org petition directed at Grayscale CEO Michael Sonnenshein surpassing 16,666 signatures.
Influential SHIB groups, such as “Shibzens,” have outlined compelling reasons why SHIB deserves ETF status, drawing parallels to the recent success of Bitcoin and Ethereum ETFs. One of the strongest arguments for a SHIB ETF is the cryptocurrency’s massive and highly engaged community. With millions of holders actively participating in the SHIB ecosystem, the token enjoys a loyal user base that could drive demand, liquidity, and long-term price stability, key factors for a successful ETF.
Shiba Inu’s Layer-2 blockchain, Shibarium, further strengthens its case. Since its launch in August 2023, Shibarium has introduced real-world utility by powering decentralized finance (DeFi) applications, gaming projects, and payment solutions. The network also supports ecosystem tokens like bone, used for gas fees, and TREAT, which could be incorporated into a diversified SHIB ETF, expanding its investment appeal.
Another major factor is affordability. Unlike Bitcoin and Ethereum, which can be expensive for small investors, SHIB’s low price per token makes it an accessible entry point for retail traders. This inclusivity allows a broader investor base to gain crypto exposure, while SHIB’s high trading volume and strong liquidity provide a solid foundation for institutional ETF products.
A SHIB ETF could also align with Environmental, Social, and Governance (ESG) investment strategies. The Shib Karma Foundation, a philanthropic initiative within the SHIB ecosystem, highlights the community’s commitment to social good. Additionally, SHIB’s growing adoption across industries, including gaming and payments, demonstrates its increasing real-world relevance and utility.
This push comes amid significant political and institutional shifts that signal a growing acceptance of cryptocurrency, further strengthening the case for a SHIB ETF. Former U.S. President Donald Trump recently acknowledged major digital assets like XRP, Solana, and Cardano, fueling speculation that increased regulatory clarity could 