Shiba Inu Featured in US SEC Filing: SHIB to the Moon? ⋆ ZyCrypto

Shiba Inu Featured in US SEC Filing: SHIB to the Moon? ⋆ ZyCrypto

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Global investment manager T. Rowe Price has taken a step forward through its new Active Crypto ETF filing with the US SEC, highlighting Shiba Inu (SHIB) among the listed digital assets. If approved, this would be the first time SHIB appears in a US-registered ETF, potentially positioning the meme-inspired token for greater institutional visibility.

The fund structure has an active investment approach, designed to outperform the FTSE Crypto US Listed Index ETF. Unlike passive funds that mirror market indices, this ETF allows managers to adjust holdings according to changes in market conditions.

It will contain between five and fifteen cryptocurrencies, including Bitcoin, Ethereum, Solana, Dogecoin, XRP, Cardano, Avalanche and Polkadot, and Shiba Inu will earn a place among these high-profile names.

If Shiba Inu enters the ETF’s initial portfolio, T. Rowe Price would buy and hold SHIB directly. With over $1.77 trillion in assets under management, the company’s backing could serve as a credibility boost for the Shiba Inu ecosystem, which already includes tokens like BONE, LEASH, and TREAT, as well as projects like Shibarium and ShibaSwap.

Analysts suggest that ETF recognition may generate renewed interest and potentially drive demand for SHIB over time.

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Meanwhile, market data reveals something more nuanced. SHIB is trading at $0.000009 with a market capitalization of $5.4 billion, down 7% from last month amid a “fear” sentiment across the crypto market.

Shibarium, SHIB’s layer 2 network, is struggling with low adoption, with a TVL below $1 million, despite introducing upgrades such as auto-combustion mechanics that aim to reduce supply. There is also the issue of volatility, as whales actively move billions of SHIB tokens and meme coin interest drops from 20% to just 2.5%.

While the SEC filing signifies institutional recognition, SHIB’s future still depends on real-world adoption of its upgrades, ecosystem growth, and whether the market returns in favor of meme coins.

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