The Shiba Inu marketing lead lists the benefits of a SHIB ETF



After the SEC approved Spot Ethereum ETFs, other cryptocurrencies like Shhiba Inu are bidding for their own ETFs. Shiba Inu marketing head has outlined many reasons why SHIB ETFs would be fantastic crypto additions.


The first one's marketing lead said a Shiba Inu ETF would help attract conventional investors. This would allow people to invest in it on a regulated platform instead than directly holding the coins.


Traditional investors might get exposure via ETFs, increasing bitcoin demand. Demand might boost prices, making coins more valuable.


Another benefit of a SHIB ETF is the regulation and security of investing in Shiba Inu. Institutional investors may easily buy coins after this level of compliance. They may diversify from Bitcoin and Ethereum ETFs to SHIB ETFs.


A Shiba Inu ETF has many benefits, but LUCIE also outlines its drawbacks in her blogs. These include decentralization trade-offs, third-party ownership, and investment costs.


For decentralization trade-offs, an ETF places the fund under centralized supervision, which is against decentralized finance. This exposes the asset to manipulation and prevents SHIB ETF investors from participating in DeFi operations.


LUCIE claims that Shiba Inu ETF investors do not own the coins. For crypto investors seeking decentralization, broker/management fees and heightened regulatory scrutiny make investing in ETFs a huge trade-off.


The community wants a Shiba Inu ETF despite the coins. A petition to Grayscale Investments to develop a SHIB ETF fund has over 11,000 signatures.



#SHIB $SHIB @Shiba Inu #etf