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New
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New
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Customized asset management to grow your digital assets
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Top asset management team helps you profit without hassle
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Stake cryptos to earn in PoS products
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HOT
Stake BTC and earn 10% APR
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New
Use USDT/USDC to mint GUSD for treasury-level yields
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- 🚀 #GateNewbieVillageEpisode5 ✖️ @Surrealist5N1K
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Grayscale has listed Shiba as one of the assets that meet the conditions for a Spot ETF.
[Grayscale lists Shiba as one of the assets meeting the listing criteria for spot ETF] Grayscale Investments has listed Shiba Inu as one of the crypto assets that meet the listing criteria for exchange-traded funds (ETFs) on US spot exchanges. Grayscale Investments mentioned this news in a recent blog post titled “Market Byte: Here Come the Altcoins.” After the launch of Bitcoin and Ethereum ETFs, Grayscale Investments acknowledged that the process for launching similar ETF products for altcoins like Shiba Inu has been simplified. The report shows that the launch of the first Bitcoin spot trading exchange-traded product (ETP) took over a decade—from the initial proposal in 2013 to the final approval in January 2024. However, the “Generic Listing Standards” (GLS) framework approved by the U.S. Securities and Exchange Commission (SEC) has now accelerated the launch of crypto assets exchange-traded products (ETPs).