Shiba

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Shiba Inu

<ul class="news-points"> 
 <li>The petition for a Shiba Inu ETF has been signed by 5,200 people.&nbsp;</li> 
 <li>The petition is addressed to the CEO of Grayscale, Michael Sonnenshein.</li> 
 <li>SHIB has witnessed a significant rally in the past week and is up 41%.</li> 
</ul> 
The <a href="https://coinedition.com/tag/shiba-inu-shib/">Shiba Inu (SHIB)</a> community is eagerly anticipating the possibility of a spot exchange-traded fund (ETF) from Grayscale, a top digital asset management firm, which could potentially drive SHIB to $0.0001. 
The <a href="https://www.change.org/p/proposal-for-an-shiba-inu-shib-etf-by-grayscale-investments" target="_blank" rel="noreferrer noopener nofollow">petition</a>, submitted in late February, has officially amassed 5,200 signatures out of a total of 7,500 and is addressed to Michael Sonnenshein, the chief executive of Grayscale Investments. Notably, the <a href="https://coinedition.com/shiba-inu-overcomes-35-dip-analyst-expects-all-time-high-soon/" target="_blank" rel="noreferrer noopener">SHIB token witnessed significant gains</a> in March, and analysts have called for a new all-time high.&nbsp; 
“The introduction of a Shiba Inu ETF would symbolize a progressive stance towards cryptocurrency investment, mirroring the market’s dynamism and diversity,” reads the proposal.&nbsp; 
As per the <a href="https://coinmarketcap.com/currencies/shiba-inu/" target="_blank" rel="noreferrer noopener nofollow">data</a> from CoinMarketCap, the value of SHIB has dropped by 8.35% in the past 24 hours, with a 16.73% drop in trading volume. However, the memecoin has risen 41.4% in the past seven days, recov…
The post <a href="https://coinedition.com/shiba-inu-etf-proposal-gets-5200-signs-rally-to-follow-soon/">Shiba Inu ETF Proposal Gets 5,200 Signs: Rally to Follow Soon?</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.

Shiba Inu ETF Proposal Gets 5,200 Signs: Rally to Follow Soon?

Coin Edition

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