'No SHIB ETF Yet, but Well on Track,' Shiba Inu Veteran Explains Potential

There is no dedicated spot ETF for Shiba Inu in the United States yet, but while it waits for this milestone, it expands its footprint through a European exchange-traded product, regulated access in Japan, and newly available futures exposure in Canada.

Mazrael, a longstanding Shiba Inu community member, noted this fact in response to a question about the current status of a Shiba Inu ETF.

Good question. Where $SHIB actually stands:

🇺🇸 US T. Rowe Price's TKNZ (NYSE Arca) was SEC-approved June 2026. Actively managed basket, 5–15 assets. $SHIB is one of 18 named eligible assets in the July prospectus.

🇪🇺 Europe Valour $SHIB ETP is live and tradeable: ticker 1VBS, ISIN…

— Mazrael.shib (@Mazrael_shib) September 5, 2026

Mazrael said that while $SHIB doesn't have an ETF yet, it is "well on track." He cited various developments as evidence that Shiba Inu is on the right road despite the lack of a dedicated ETF.

Shiba Inu well on track

Mazrael highlighted that Shiba Inu was among eligible assets named in the prospectus of T. Rowe Price's TKNZ, which the SEC approved in June 2026. According to T. Rowe Price's S-1 filing, the ETF could hold several cryptocurrencies but will not hold all of these assets at once. Under normal circumstances, the ETF plans to maintain between five and fifteen crypto assets at a time, using an active management strategy rather than tracking a single token or passively following a benchmark.