Bitcoin Halving

Petition For Shiba Inu ETF Tops 10,500 Signatures

There is a Petition Shiba Inu ETF that is now being circulated to introduce a Shiba Inu (SHIB) Exchange Traded Fund (ETF), and as of right now, it has gathered 10,596 signatures.

Shiba Inu ETF Push

Michael Sonnenshein, former Grayscale Investments CEO, was petitioned on Change.org to adopt a SHIB exchange-traded fund. Remember that the petition will turn two months old on July 10. This phase has seen significant support from Shiba Inu ecosystem members. Additionally, the petition’s large signature count suggests that the requested regulation change is in high demand.

Investors, enthusiasts of digital currencies, and advocates for cryptocurrencies’ transformational potential are the people we represent as a collective. The Petition Shiba Inu ETF states, “Our diverse experiences and backgrounds converge on a shared ambition: to broaden the availability of cryptocurrency investment options through trustworthy and regulated channels.”

Based on push, individuals who sponsored the petition encouraged Grayscale to consider establishing a Shiba Inu (SHIB) Exchange Traded Fund (ETF). It is important to note that the developing petition will reach its two-month anniversary on July 10. During this period, it has garnered significant support from individuals related to the Shiba Inu ecosystem. Additionally, the petition’s large signature count suggests that the kind of regulation change is widespread.

Shiba Inu ETF Push

Investors, enthusiasts of digital currencies, and advocates for cryptocurrencies’ transformational potential are the people we represent as a collective. The Petition Shiba Inu ETF states, “Our diverse experiences and backgrounds converge on a shared ambition. To broaden the availability of cryptocurrency investment options through trustworthy and regulated channels.”

Upon pushing that petition due to push. Grayscale will consider establishing a Shiba Inu (SHIB) Exchange Traded Fund (ETF). I am requesting a Shiba Inu exchange-traded fund (ETF). The investment management firm was instrumental in getting. Spot Ethereum and Bitcoin ETFs are US-approved, and the community is grateful.

The Securities and Exchange Commission (SEC) consistently denied Grayscale’s requests to convert its Trust fund into an exchange-traded fund (ETF). Despite this, it went one step further by involving the court, which ultimately allowed the Commission to review its application for an ETF. Ultimately, the Securities and Exchange Commission (SEC) approved Grayscale’s Bitcoin exchange-traded fund (ETF) submission and ten other applications.

Can the SHIB Army Get Demand?

Can SHIB Army Get Demand?

Grayscale Investments has stated that it wants to convert all 17 cryptocurrency-based products into exchange-traded funds (ETFs). According to this statement, the request made by Shiba Inu aligns with Grayscale’s long-term objective. Grayscale has not provided any comment regarding the request made by the SHIB Army. However, the increasing number of signatures on the Petition Shiba Inu ETF may compel the investment company to respond quickly. Lucie, the marketing lead for Shiba Inu, also hinted at the possibility of spotting. Bitcoin ETF issuer BlackRock in the Shib ETF conversation.

In her statement, Lucie expressed her desire for the company to comprehend the potential of SHIB. Much like Grayscale, BlackRock has not responded officially to Shiba Inu since it was presented. In particular, it is essential to point out that, in the long run. The United States Securities and Exchange Commission (SEC) is responsible for deciding. Whether or not to approve any proposed cryptocurrency exchange-traded fund (ETF).

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