NewsBTC
Nov 5, 2025
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Shiba Inu Added to FTSE Grayscale Crypto Sectors Framework

Shiba Inu (SHIB) has been included in the FTSE Grayscale Crypto Sectors Framework, gaining new institutional recognition.

Key Points

  • SHIB is listed under the Consumer & Culture sector alongside Dogecoin, highlighting its role in community and entertainment.
  • The FTSE–Grayscale framework, launched in 2023, organizes crypto assets into distinct categories for investors.
  • SHIB meets the SEC's Generic Listing Standards (GLS), simplifying the listing process for crypto ETPs.
  • 11 cryptocurrencies meet GLS criteria, including XRP, Litecoin, Stellar, Bitcoin Cash, Polkadot, Cardano, Solana, Avalanche, and Chainlink.
  • SHIB is among a few tokens recognized in its sector, but it lacks a standalone spot ETF filing in the US.

Shiba Inu Recognition

Market Performance

  • SHIB's price dropped over 6% in the past 24 hours, with corrections of 13% in the last week and 30% over the past month.
  • This decline has placed SHIB at 34th in market cap rankings.
  • An analyst from TradingView noted a long-term support trendline that may signal a potential rebound.

SHIB Price Chart