Shiba Inu Insider Says SHIB Is on Track for a Dedicated Spot ETF

Shiba Eternity Advisor Mazrael says Shiba Inu has made significant progress toward gaining broader access to regulated exchange-traded products.

Mazrael made the remarks while responding to a Shiba Inu community member seeking an update on the possibility of a U.S. $SHIB ETF.

In response, Mazrael acknowledged that Shiba Inu still lacks a dedicated U.S. spot ETF. Nonetheless, he pointed to developments across the United States, Europe, Japan, and Canada as signs that $SHIB is gradually moving closer to that milestone.

$SHIB Gains Exposure Through T. Rowe Price’s ETF

Mazrael identified the T. Rowe Price Active Crypto ETF (TKNZ) as one of the most significant developments for $SHIB.

T. Rowe Price launched TKNZ on NYSE Arca on July 16, 2026, as an actively managed, multi-token spot crypto exchange-traded product. Instead of tracking a single cryptocurrency, the fund selects assets from an eligible universe and can hold a basket of digital assets.

Notably, $SHIB appeared among the eligible assets listed in the fund’s July prospectus. This gives institutional investors a regulated U.S. investment vehicle that can potentially provide exposure to $SHIB. However, $SHIB was not among the assets featured at the fund’s initial launch.