Shiba Inu is up today as traders assess its inclusion in BitPay’s new bill payment service

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*A huge chunk of these gains came on Aug. 8, when BitPay, a crypto payment processing company, announced “Bill Pay,” a new service that enables cryptocurrency users to pay bills directly from their wallet.

Shiba Inu is one of the many listed tokens in the service, which may have boosted its upside prospects among traders on Aug. 9. In addition, the token may have rallied under the influence of the cryptocurrency market’s overall gains, led by hopes about a spot Bitcoin ETF approval in the U.S.