After spot Bitcoin ETFs received approval from the SEC, all eyes turned to a possible Ethereum ETF approval.
While the cryptocurrency community is eagerly waiting for the SEC's ETH ETF decision, it is being discussed whether there is an ETF possibility for other altcoins.
At this point, while XRP's name was frequently mentioned for a possible ETF application and its approval was expected in the future, the ETF move came from the Shiba Inu community.
Accordingly, the SHIB community submitted a petition to Grayscale CEO Michael Sonnenshein, urging him to launch a dedicated ETF for Shiba Inu.
“We wholeheartedly urge Grayscale to consider establishing a Shiba Inu (SHIB) Exchange Traded Fund (ETF),” the petition reads. expressions were used.
Shiba Inu community, change on February 25th. org, calling on Grayscale CEO Michael Sonnenshein to launch a Shiba Inu-specific ETF.
The SHIB community also stated that they believe that ETF approval is highly likely for Ethereum (ETH), Solana (SOL) and XRP, apart from Bitcoin.
Lucie, marketing lead for the Shiba Inu team, also posted on X on February 26 to reach out to the wider community and ask people to support and sign the campaign. The petition has received 766 signatures so far.
SHIB continues to trade at $0.000009572 at the time of writing.
*This is not investment advice.