The first U.S. spot Dogecoin ETF launched recently when 21Shares‘ TDOG DOGE ETF went live on Nasdaq. The listing is the first memecoin ETF in the United States and reflects rising institutional demand.
After the SEC approved 11 spot Bitcoin ETFs in 2024, the market expanded. Funds tracking Ethereum, XRP, Solana, and Dogecoin have also won approvals.
A Shiba Inu ETF appears unlikely in the near term because SHIB remains highly volatile. The token peaked around $0.000086 in October 2021. It has fallen by more than 90% since that peak.
There is no official plan for a Shiba Inu ETF at present, but the situation could change (Ed. note: the U.S. crypto bill has faced delays and may affect future ETF approvals). Passage of the bill could clarify rules and enable more crypto ETF products.
