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Shiba Inu, the once-underdog meme coin, just leveled up. Its inclusion in the FTSE Grayscale Crypto Sectors Framework isn’t just a listing; it’s a head-nod from the financial establishment, signaling a new chapter for the digital pup.
Marketing lead Lucie announced the development on X with a post titled “Good News for SHIB Holders.”
The listing spotlights SHIB, placing it alongside Dogecoin in the Consumer & Culture category – a vibrant realm of community-fueled tokens where memes meet money and entertainment reigns supreme.
Good news for SHIB holders
Forget Bitcoin’s dominion. Grayscale just dropped a bombshell: Shiba Inu (SHIB) has officially landed in the “Consumer & Culture” crypto sector, according to their October 2025 Market Byte report. This FTSE Grayscale Crypto Sectors framework nod signals a major shift, suggesting SHIB is no longer just a meme, but a cultural force to be reckoned with.
SHIB is recognized by Grayscale Investments and FTSE Russell as… pic.twitter.com/8jBpKkP9PL 𝐋𝐔𝐂𝐈𝐄 (@LucieSHIB) November 2, 2025
Inclusion Signals Institutional Recognition
Based on reports, the FTSE–Grayscale framework was launched in 2023 to sort crypto assets into clearer groups for investors.
Grayscale’s newest analysis shines a spotlight on SHIB, revealing it aligns with the SEC’s Generic Listing Standards. The framework, encompassing five key sectors, suggests SHIB’s potential trajectory could be about to blast off.
Instead of playing whack-a-mole with individual approvals, exchanges can now unleash a wave of crypto ETPs, thanks to September’s game-changing GLS rules. A single set of requirements unlocks the door, leaving behind the token-by-token grind.
That ruling unlocks simpler routes for launching spot ETPs. However, don’t forget the golden ticket: every token-backed ETF still needs a rock-solid registration statement to play ball.
Shiba Inu Among A Few Eligible Tokens
Whispers from the blockchain reveal a select group of cryptocurrencies meeting stringent green standards. XRP, Litecoin, Stellar, and Bitcoin Cash lead the charge in the currency sector, proving sustainability isn’t just a buzzword – it’s becoming code. Eleven digital assets across four sectors are now verified as eco-conscious, signaling a shift toward a greener crypto future.
Smart contract platforms that qualify include Polkadot, Cardano, Solana, and Avalanche. Chainlink stands alone in Utilities & Services.
Forget the alts! In the meme coin arena, it’s a two-dog race: Shiba Inu and Dogecoin reign supreme in the public consciousness. Meanwhile, Wall Street’s already playing with Solana and Litecoin ETFs, while Cardano, XRP, Dogecoin (again!), and Bitcoin Cash sit in regulatory purgatory, thumbs twitching, waiting for the green light.
Shiba Inu’s bark is getting louder in Europe, with Valour Inc. launching a Swedish Krona-denominated ETP linked to the meme coin. Across the pond, institutional interest is brewing, too. Asset management titan T. Rowe Price has name-dropped SHIB as a potential contender for their Active Crypto ETF. However, US investors hoping for a dedicated SHIB spot ETF will have to wait – that bone hasn’t been thrown yet.
Market Moves And Technical Notes
Shiba Inu’s price is on a wild ride. Buckle up, because after a 6% dip in the last day, SHIB has seen weekly drops of 13% and a monthly plunge of 30%, according to analysts.
Source: Akbarkarimzsfeh/TradingView
Those moves have pushed SHIB down to 34th in the crypto market cap rankings.
TradingView commentator “Akbarkarimzsfeh” flagged a long-term support trendline that has in past cycles preceded sharp rebounds.
“History whispers a bullish secret: each dip to these levels has sprung back with ferocious speed, hinting that this recent stumble might be nothing more than a fleeting pause before the next surge.”
Featured image from Unsplash, chart from TradingView
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