Shiba Inu community member Mazrael stated that despite no dedicated spot ETF approval in the U.S., SHIB is expanding its footprint through European ETPs, compliant exchange listings in Japan, and Canadian futures contracts. Mazrael noted that SHIB has been included as a potential holding in T. Rowe Price's SEC-approved crypto ETF, and has secured an ETP from Valour in Europe, a listing on Laser Digital in Japan, and futures trading on Coinbase Canada. These moves indicate SHIB is gaining broader regulatory recognition via commodity classification pathways.
U.Today reports that Shiba Inu community member Mazrael says the United States still has not approved a dedicated spot ETF for SHIB. But the token, he argues, is steadily widening its market footprint through several regulated channels. Those routes include exchange-traded products in Europe, listings on compliant exchanges in Japan, and futures contracts offered in Canada.
Mazrael said SHIB is already on the list of possible holdings for a crypto ETF run by T. Rowe Price, which has won approval from the U.S. Securities and Exchange Commission. In Europe, Valour has rolled out an ETP for SHIB. In Japan, Laser Digital has listed the token. In Canada, Coinbase has turned on SHIB futures trading.
He believes this points to SHIB slowly gaining wider regulatory acceptance, especially through routes that treat it as a commodity rather than a security.
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