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HomeCrypto NewsMarketExpert Reveals 3 Conditions for Shiba Inu ETF U.S. Launch

Expert Reveals 3 Conditions for Shiba Inu ETF U.S. Launch

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Shiba Inu community figure Luis Delgado has outlined the key requirements for launching a Shiba Inu (SHIB) exchange-traded fund (ETF) in the United States.

The idea of a Shiba Inu ETF has been a growing topic of discussion within the SHIB community. In recent months, asset managers have competed to launch ETFs for altcoins such as Solana, XRP, and even Dogecoin—Shiba Inu’s primary rival.

However, despite the growing momentum in the altcoin ETF space, there have been no official ETF filings for Shiba Inu in the U.S. so far.

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In a recent post on X, Delgado, known in the community as Del Crxpto, shared his insights on what it would take to bring a SHIB ETF to the U.S. market.

3 Criteria to Bring Shiba Inu ETF to the US Market

For Delgado, introducing a Shib Inu ETF in the U.S. is more than just submitting an application to the SEC. He emphasized that it requires meeting three key criteria.

Clean Name

Delgado stressed that the entity applying to launch a SHIB ETF must have a “clean name”. This may mean a solid brand reputation and public credibility.

One major hurdle is the anonymity of the SHIB team, which operates under pseudonyms. This lack of transparency could pose a regulatory challenge. To gain the SEC’s confidence, Delgado believes a well-known and reputable asset manager must sponsor the ETF.

Clean Face

In addition to a credible brand, Delgado pointed to the need for a “clean face”. This could mean trusted leadership and strong public representation.

Given Shiba Inu’s origins as a meme coin, institutional investors and regulators will likely expect the involvement of experienced professionals.

Compliant Strategy

Lastly, Delgado emphasized the importance of a compliance strategy, noting that any SHIB ETF proposal must be carefully structured to comply with U.S. securities regulations.

Delgado Hints at Hidden Race for SHIB ETF Launch

Delgado’s comments come shortly after he hinted that multiple firms are quietly preparing to launch a Shiba Inu ETF in the U.S. Notably, he confirmed that he is among the contenders in this behind-the-scenes race.

According to him, he meets all three criteria required of a prospective SHIB ETF issuer. While he aims to be the first to launch such a product in the U.S., he acknowledged that multiple funds are likely to receive approval over time.

So far, no official application has been submitted for a Shiba Inu ETF. However, speculation intensified after Coinbase introduced the 1k Shib Index—a regulated futures contract linked to the token. Enthusiasts described the move as a key step toward the eventual launch of an ETF.

While Shiba Inu has yet to see an ETF filing in the U.S., leading ETP issuer Valour Inc. recently launched a SHIB-focused exchange-traded product in Europe. As reported earlier, the ETP made its debut last month on Sweden’s Spotlight Stock Market, exposing investors to the performance of SHIB.

DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

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Lele Jima
Lele Jima
Lele Jima is a cryptocurrency enthusiast and journalist who is focused on educating people about how the nascent asset class is transforming the world. Aside from cryptocurrency-related activities, Jima is a lover of sports and music.

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