Potential Shiba Inu ETF Gains Momentum as Votes Surpass 6K

Support for a potential SHIB ETF petition is gradually growing as the Shiba Inu community aims to assist the meme coin in entering the “ETF world.” Recently, the Shiba Inu community has been actively demonstrating their efforts to enhance the tokenomics of SHIB through a burst of innovation. Amidst ongoing development, a potential request for a SHIB ETF is gaining traction among crypto enthusiasts worldwide. The Shiba Inu community is looking to launch a SHIB ETF following the success of BTC ETFs, hoping for increased support from Grayscale Investments. Reports from The Shib magazine and other outlets indicate that efforts are underway to introduce a meme coin into the world of exchange-traded funds. The SHIB community is hopeful for the potential release of a SHIB ETF soon, indicated by the large number of votes in favor of the petition. Concurrently, the price of SHIB had a day of highly unpredictable trading, leading to discussions about potential price rises in the future as a result of the community’s current projects and the potential ETF launch. Even though the petition for the SHIB ETF has gained widespread attention globally, it is currently in the voting stage. RagnarShib, a key member of the Shiba Inu team, announced that the petition has surpassed 6,000 signatures on March 13, sparking optimism for a potential launch. The petition has gathered nearly 6,400 signatures and is steadily moving towards the target of 7,500 votes. The support of Shiba Inu’s dedicated followers is helping drive the petition on Change platform. The organization is sure to achieve even greater success. This raises the meme coin to the same level as Ethereum (ETH), Solana (SOL), and XRP, which are three of the top market players still hoping for an ETF. Key Crypto News for Today: