Cryptocurrency-based ETFs have seen a substantial increase in demand over the last year. The US SEC made history when it approved several Bitcoin (BTC) and Ethereum (ETH) ETFs in 2024. While ETFs have played a significant role in the current market cycle, many are curious if a memecoin like Shiba Inu (SHIB) will ever get an ETF approval from the SEC. Let’s discuss.
Will Shiba Inu (SHIB) Ever Get An ETF?
The cryptocurrency industry in the US has seen a dramatic shift in 2025. The Trump administration has been very vocal about its support for the crypto sector. The SEC has also seen a change in its vision for the future of cryptocurrencies in the country. However, ETF approvals for memecoins, like Shiba Inu (SHIB), are still uncertain.
According to White House crypto czar David Sacks, memecoins are neither securities nor commodities. In an interview, Sacks stated, “It’s like a baseball card or a stamp. People buy it because they want to commemorate something.“
The lack of clear definitions for memecoins could be a barrier to ETF approvals. Moreover, Shiba Inu (SHIB) and other memecoins are among the riskiest assets. The high-risk factor could prevent the SEC from approving a spot SHIB ETF.
Also Read: Risks & Challenges of Buying Shiba Inu (SHIB)
However, there is still a chance that the SEC will approve a Shiba Inu (SHIB) ETF in the future. Recently, we saw the launch of Rex Financial & Osprey Funds’ Dogecoin (DOGE) ETF, called DOJE. The ETF made its debut on Sept. 18, 2025, marking the first instance of a memecoin ETF. The development could change the discourse on memecoin ETFs. Shiba Inu (SHIB) could also follow a similar trajectory. Given SHIB’s incredible popularity, financial institutions could capitalize on the large fanbase of the memecoin. However, no SHIB ETF application has been submitted to the SEC so far.