- SHIB to gain $240M inflows if the ETF were to capture even 10% of Ethereum’s cumulative ETF inflows.
- SHIB trades at $0.00001338 amid ETF speculation and market volatility.
- No SHIB ETF filed yet, but 11K+ petitioners push for Grayscale to consider the application.
Shiba Inu (SHIB) could witness an upward price movement if a spot ETF for the token is launched and gathers a percentage of Ethereum ETF inflows. Analysts suggest if SHIB were to capture even 10% of Ethereum ETF inflows, it could see approximately $240 million in fresh capital. This estimate is based on Ethereum’s cumulative ETF inflows of $2.4 billion to date.
While no SHIB ETF application has been filed, market observers have flagged signs of growing institutional interest in memecoins like SHIB.
Price Action Steadies After Brief Volatility Dip
As of the latest data, SHIB is trading at $0.00001338 after facing short-term resistance. The price briefly crossed $0.00001336 before falling below $0.0000130 around 4:00 PM, bottoming near $0.0000128, and stabilizing.
Related: SHIB ETF Push: Why 212 Trading Pairs & 110+ Exchange Presence Matter
Despite this movement, SHIB has posted a modest 0.15% gain over the last 24 hours, indicating relative resilience during intraday swings
Trading Metrics Reflect Market Stability Ahead of ETF Speculation
The 24-hour trading volume is up to $169.12 million, while SHIB’s market capitalization stands at $7.88 billion. The fully diluted valuation is at $7.89 billion, indicating little difference between circulating and total supply.
Related: SHIB Fans Want ETF: Petition Nears Goal, Grayscale Silent
Moreover, the circulating supply is reported at 589.24 trillion out of a total of 589.55 trillion SHIB. Wallet holder count remains unchanged at 1.5 million.
No SHIB ETF Filing Yet, But Petition Pushes for Consideration
Though no asset manager has formally filed a SHIB ETF application, interest remains active. A public petition asking Grayscale to consider launching a SHIB ETF has gathered over 11,000 verified signatures.
While top digital asset ETF filings have included XRP, Solana, Dogecoin, and Bonk, SHIB remains one of the market’s most actively traded meme coins and maintains a strong online presence.
ETF Timeline Unclear as SEC Reviews Continue
ETF launch prospects remain speculative as regulatory timelines are uncertain. The U.S. Securities and Exchange Commission recently delayed its decision on Franklin Templeton’s spot XRP ETF to June 2025.
Thus, no indication has been given on when or if a SHIB ETF filing might be submitted, and any anticipated launch could take months or more to receive regulatory clearance.
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