T. Rowe Price Seeks Approval to Launch Shiba Inu Spot ETF

Global investment firm T. Rowe Price has submitted a request to the US Securities and Exchange Commission (SEC) for approval to launch the first spot Ethereum ETF in the United States. The proposed ETF would offer direct exposure to Shiba Inu (SHIB), subject to SEC review and potential approval. This move marks a significant milestone in bringing cryptocurrencies like SHIB into mainstream investment channels.