Coinbase Eyes Shiba Inu for ETF Watchlist—Next After Dogecoin and XRP?

2025-09-21 06:32
Blockmedia
Blockmedia
Coinbase Eyes Shiba Inu for ETF Watchlist—Next After Dogecoin and XRP?

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Shiba Inu (SHIB) Gains Momentum: Secures Spot on Coinbase ETF Watchlist

Shiba Inu (SHIB) has made a significant stride in the cryptocurrency world by securing a position on Coinbase's ETF Watchlist. This move places SHIB alongside major digital assets like Dogecoin (DOGE) and XRP, underscoring its growing prominence in the fast-paced crypto industry. According to a recent report by NewsBTC (dated October 20), Shiba Inu’s chief marketing lead revealed that the token has already met critical requirements for ETF consideration, signaling its potential entry into regulated financial products.

Currently, Coinbase offers a regulated futures product called the "1K SHIB Index," laying essential groundwork for SHIB’s path toward achieving spot ETF approval. Suzie S., Shiba Inu’s marketing lead, remarked that this step emulates the earlier trajectories of Bitcoin (BTC) and Ethereum (ETH), both of which followed similar routes before earning their respective ETF approvals.

Shiba Inu in a Bundled Crypto ETF: A Likely Scenario

Rather than pursuing an individual ETF, Suzie suggests SHIB is more likely to debut as part of a bundled financial product. An example of this model could be a "Top 10 Cryptocurrencies ETF," featuring Shiba Inu alongside other notable assets such as Dogecoin, Solana (SOL), Hedera (HBAR), and XRP. This strategy aligns with growing institutional demand for diversified crypto investment options, offering investors exposure to a variety of high-performing digital currencies.

The potential inclusion in such a bundled ETF reflects how institutional players are increasingly drawn to multi-asset portfolios that mitigate risk while capitalizing on the upward trajectory of cryptocurrencies like SHIB. Suzie emphasized that bundling SHIB within a diversified ETF enhances its appeal and demonstrates its transition from a speculative asset to one with more established financial credibility.

Key Insights Into SHIB’s Liquidity and Market Volume

Market analysts are digging deeper into Shiba Inu’s performance metrics to evaluate its ETF readiness. Renowned analyst Heber Mayen highlighted SHIB’s rapidly growing trading volume on Coinbase’s perpetual futures market. He described this surge as “potentially monumental,” noting volume expansion as a critical factor for meeting liquidity requirements—a prerequisite for any cryptocurrency seeking ETF approval.

According to Mayen, leveraged SHIB trading is driving price volatility and accelerating market activity. These dynamics, he explained, not only attract more traders but also create favorable conditions for the eventual inclusion of SHIB in an ETF product. Liquidity and robust trade volumes will likely play a pivotal role in solidifying Shiba Inu’s position as a viable candidate for regulated financial offerings on major platforms like Coinbase.

Institutional Interest: Shiba Inu’s Image Evolution

Once dismissed as a mere “meme coin,” Shiba Inu has undergone a remarkable transformation, shedding its speculative image to carve out space within the realm of institutional finance. Its newfound standing is evidenced by its inclusion on Coinbase’s ETF Watchlist—a move seen as a critical step in its evolution as a serious asset in the cryptocurrency sphere.

Leveraging Coinbase’s expanding suite of regulated financial products, Shiba Inu continues to make the case for institutional adoption. Today, the token aims to move beyond its grassroots appeal by tapping into a broader market of professional investors and institutional stakeholders. This shift is not merely symbolic; it demonstrates Shiba Inu’s intention to participate in the rapidly changing landscape of crypto investments, ensuring its place among top-tier cryptocurrencies that matter on Wall Street.

As Shiba Inu continues its journey toward legitimization in the broader financial ecosystem, the cryptocurrency community will watch closely to see how its story unfolds. Whether through bundled ETFs or alternative avenues, SHIB is positioning itself as a force to be reckoned with in the evolving world of digital assets.

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