The next outlet? Shiba Inu ETF is coming? 👀👀👀
SHIB community shows optimism after Ethereum ETF.
Project leader Shytoshi Kusama congratulated the ETH community, hinting at the discussion that similar SHIB ETFs may trigger.
The SEC approved Ethereum's ETF application, which is a big change in the cryptocurrency field! Now Ethereum can also enter Wall Street like Bitcoin, which may make traditional finance accept cryptocurrencies faster.
However, the assets managed by the approved ETF are relatively small, but this marks an important moment for the cooperation between the cryptocurrency industry and traditional finance.
Despite the approval of the spot Ethereum ETF, there have been some challenges. Some companies have to modify their ETF documents to remove the pledge service because the SEC has taken legal action against cryptocurrency pledge services.
This approval is like the last barrier to Wall Street's acceptance of cryptocurrencies has been broken.
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