## The Shiba Inu (SHIB) Community is Rallying for a SHIB-Centric Exchange-Traded Fund (ETF)
The Shiba Inu (SHIB) community is enthusiastically stepping up its campaign to promote a SHIB-focused exchange-traded fund (ETF), reaching out to major asset management firms such as BlackRock and Grayscale Investments for support. The momentum behind this initiative is rapidly building, with a Change.org petition aimed at Grayscale CEO Michael Sonnenshein already exceeding 16,666 signatures as of the latest update. In addition, the influential SHIB group known as “Shibzens” has recently presented compelling arguments for why SHIB should be granted ETF status, drawing comparisons to the recent successes of Bitcoin and Ethereum ETFs.
One of the most persuasive points made by the group is the cryptocurrency’s vast and highly engaged community. With millions of holders actively involved in the SHIB ecosystem, they argue that the token benefits from a dedicated user base that could enhance demand, liquidity, and long-term price stability—essential elements for a successful ETF. The case for a SHIB ETF is further bolstered by Shiba Inu’s Layer-2 blockchain, Shibarium. Since its launch in August 2023, Shibarium has introduced tangible real-world utility by powering decentralized finance (DeFi) applications, gaming projects, and payment solutions. The network also supports ecosystem tokens like BONE, which is used for gas fees, and TREAT, both of which could be included in a diversified SHIB ETF, enhancing its investment attractiveness.
Another significant advantage is affordability. Unlike Bitcoin and Ethereum, which can be prohibitively expensive for smaller investors, SHIB’s low price per token makes it an accessible option for retail traders. This inclusivity allows a wider range of investors to gain exposure to cryptocurrency, while SHIB’s high trading volume and robust liquidity provide a solid foundation for institutional ETF products.
A SHIB ETF could also resonate with Environmental, Social, and Governance (ESG) investment strategies. The Shib Karma Foundation, a philanthropic initiative within the SHIB ecosystem, underscores the community’s commitment to social good. Furthermore, SHIB’s increasing adoption across various industries, including gaming and payments, highlights its growing real-world relevance and utility.
This advocacy comes at a time of significant political and institutional changes that indicate a rising acceptance of cryptocurrency, further strengthening the argument for a SHIB ETF. Former U.S. President Donald Trump has recently acknowledged major digital assets like XRP, Solana, and Cardano, sparking speculation that enhanced regulatory clarity could benefit altcoins like SHIB. Last Friday, the President hosted the inaugural White House Crypto Summit, gathering key figures from the crypto industry. Among them was Robinhood CEO Vlad Tenev, a prominent supporter of meme-based assets, whose participation has further fueled optimism. The SHIB community, led by developer Shytoshi Kusama, is hopeful that Tenev could advocate for the inclusion of meme coins like SHIB and Dogecoin in these important discussions.
