🚨🚨🚨 ATTENTION EVERYONE !! 🚨🚨🚨
Shiba Inu ETF Builds Momentum With Over 6K Votes, Launch Imminent? 💯
Shiba Inu's petition for a SHIB ETF continues to garner attention across the broader crypto market amid the meme coin's price slip.
📢 In a significant gust of advancements witnessed recently, the Shib community continued to showcase efforts in order to boost Shiba Inu’s tokenomics. Amidst this flurry of developmental efforts, a petition for a potential SHIB ETF appears to be gradually gaining traction among crypto market enthusiasts across the globe.
✨ Eyeing a substantial jacking up by Grayscale Investments, the Shiba crypto community aims to launch a SHIB ETF, mirroring optimism witnessed by the recent launch of BTC ETFs. The exchange-traded fund for Shiba Inu comes as an effort by the community to aid the meme coin in entering the “ETF world,” as also mentioned in The Shib magazine.
📢 SHIB ETF Gains Traction
According to a post shared by RagnarShib, one of Shiba Inu’s leading team members, the petition for SHIB ETF surpassed the 6K mark today, March 13, fueling immense optimism for a potential launch. Until now, the petition has received over 6400 signatures, while the next milestone remains 7,500 votes.
✨ Keeping in mind Shiba Inu’s immense popularity, the petition filed on Chnage.org is sure to scale its next milestone. This positioned the meme coin among some of the top players within the market awaiting an ETF, alongside Ethereum (ETH), Solana (SOL), and XRP.
✨ However, Grayscale is yet to confirm any significant updates orbiting Shiba Inu’s ETF as odds remain low due the meme coin’s decreased availability on regulated marketplaces such as the Chicago Mercantile Exchange (CME), which acted as a key factor for BTC ETF approval.
If the potential SHIB ETF further comes into play, Shiba Inu’s price is sure to rocket, although current chances remain low.
