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T. Rowe Price Files Historic Shiba Inu ETF, Stirring Crypto Market

T. Rowe Price Files First U.S. SEC-Registered Crypto ETF Proposal Including Shiba Inu (SHIB), Signaling Potential Institutional Demand Despite Market Dip

  • T. Rowe Price filed an application with the U.S. SEC to launch an actively managed crypto ETF including Shiba Inu (SHIB).
  • This is the first U.S. SEC-registered ETF proposal to feature SHIB alongside assets like Bitcoin and Ethereum.
  • SHIB’s price fell over 5% amid a broader crypto market decline despite the ETF filing news.
  • The ETF would offer regulated institutional exposure to SHIB if approved, potentially increasing demand.
  • Regulatory outlook is cautiously optimistic due to recent friendly crypto ETF approvals and supportive comments from industry leaders.

On October 30, 2025, T. Rowe Price, a major investment manager with $1.77 trillion in assets, submitted a Form S-1 registration with the U.S. Securities and Exchange Commission (SEC) to create an actively managed crypto exchange-traded fund (ETF). This ETF would include Shiba Inu (SHIB) alongside cryptocurrencies like Bitcoin, Ethereum, and Solana.

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The filing lists SHIB as one of 14 eligible digital assets in the proposed fund. It marks the first time SHIB is included in a U.S. SEC-registered ETF proposal. At the time of the announcement, SHIB’s price dropped more than 5% within 24 hours, while the overall crypto market fell over 4% to a total market capitalization of $3.64 trillion.

Pages 30 and 31 of the filing detail aspects of the Shiba Inu ecosystem, such as ShibaSwap, Shibarium Layer-2, LEASH, BONE, and TREAT tokens, highlighting its expanding utility. SHIB marketing lead Lucie noted, “T. Rowe Price a huge $1.7 trillion investment company just filed paperwork with the U.S. SEC to launch a new crypto ETF. Guess what’s on the list of coins it can hold? Shiba Inu (SHIB).”

The regulatory environment appears favorable following the launch of several crypto ETFs this week, including those featuring Solana, Litecoin, and Hedera. Hunter Horsley, CEO of Bitwise Asset Management, stated, “SEC Chair Paul Atkins and the crypto task force have been very clear with their intentions of opening up the asset class. The outlook for digital assets, in general, has never been more constructive.”

If the ETF is approved and selects SHIB for its portfolio, institutional inflows into the fund could increase demand for the token. However, some market observers caution that SEC approval timelines remain uncertain due to ongoing scrutiny of crypto products. This filing represents the first opportunity for SHIB to gain regulated institutional investment exposure in U.S. markets, supplementing its existing regulated exchange-traded product available in Europe through Valour.

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The decision on SHIB’s inclusion and the ETF’s approval will influence market interest and SHIB’s price movements in the coming months.

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