No Filing Yet, But SHIB ETF Talk Picks Up with Petition Crossing 11K

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 Ethereums 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

Source: CoinMarketCap

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.

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 SHIBs market capitalization stands at $7.88 billion. The fully diluted valuation is at $7.89 billion, indicating little difference between circulating and total supply.

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 markets 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 Templetons 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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