Shiba Inu Veteran Says ETF Progress Is On Track
Shiba Inu (SHIB)
Editor:
Eugene Serbin
bitcoinethereumnews.com reports that Shiba Inu lacks a dedicated US spot ETF but is advancing through other regulated channels. Community member Mazrael stated the asset is "well on track" despite the absence of a direct fund. He pointed to T. Rowe Price’s TKNZ ETF, approved by the SEC in June 2026, which can hold SHIB among five to fifteen active crypto assets.
The fund launched with eight coins, excluding SHIB, including Bitcoin, Ethereum, and Dogecoin. In Japan, Laser Digital completed registration to operate as a crypto asset exchange provider under the Payment Services Act. SHIB is among the six assets listed by this Nomura subsidiary.
European traders can now access Valour SHIB ETP. Additionally, Coinbase launched regulated futures for SHIB for eligible Canadian clients. Mazrael summarized the landscape as having one European ETP, one US ETF capable of holding it, and regulated spot access in Japan. He noted that while Doge secured dedicated spot ETFs first, SHIB’s path involves commodity classification and futures expansion.
How the market reacted
Whalio's own Binance spot order flow for SHIB, measured when this story was written up on 6 September 2026. Not the outlet's figures.
Whalio data shows SHIB trading at $0.000005460 with a 1-hour buy ratio of 56.9%, indicating short-term buying pressure. This contrasts with the 4-hour buy ratio of 46.4% and the 24-hour ratio of 47.6%, suggesting the recent buying surge is fading over longer timeframes. The 1-hour volume delta is positive at +$19,525, while the 4-hour and 24-hour deltas are negative at -$18,157 and -$229,905 respectively. A positive volume delta means buyers are initiating more market orders than sellers, while a negative delta indicates sellers are dominating. The 24-hour cumulative volume delta closed at -$201,350, confirming net selling pressure over the day. Spot volume reached $4,893,158 across 29,880 trades.
The latest daily buy ratio of 45.6% sits at the 11th percentile of the last 322 days, against a median of 48.8% - weaker buying than most days.
Was that an ordinary day?
The same Binance spot measurements for SHIB, averaged over the days leading up to the story.
Over the preceding week, the 7-day average buy ratio was 48.3%, with the latest day showing a slight dip of 0.6 points. Volume was 1.42 times the average, indicating significantly higher trading activity than usual. The price increased by 6.0% over eight days, despite a total volume delta of -$1,155,166. Only two of the seven days saw net buying, highlighting inconsistent accumulation. This day’s elevated volume contrasts with the generally negative delta trend observed over the week.