Brothers,
Don't laugh, it's true—
Grayscale is going to push Shiba Inu ETF (SHIB ETF).
It's not about stirring up trouble, nor is it about meme trading,
It is Wall Street's harvesting ceremony.
1. Why is Grayscale targeting 'Shiba Inu'?
Many people think Shiba Inu is just a toy coin,
But in Wall Street's eyes, it is the most perfect speculative product.
📊 The data is here:
Total Shiba Inu holding addresses: 1,460,000+ (a new historical high)
Market capitalization: approximately $15 billion, firmly ranked 14th in the world
24-hour trading volume: $1.63 billion, with a daily turnover rate of 10.8%
Twitter/X active topic volume: consistently stable at 70% of 'Dogecoin' level
What does it mean?
This means it is not a 'junk coin'.
It is an asset pool that already carries traffic and trading depth.
And Grayscale's logic has never been about believing in blockchain.
But rather — only invest in coins that can harvest the most people.
Two, ETF is not a signal, it is a channel.
Grayscale wants to push the Shiba Inu ETF, not because of optimism for Shiba Inu itself,
But it is about optimistic leverage on retail investors' emotions.
What is the essence of the ETF?
It is not about coin recognition, but a legal harvesting entry.
Think about it:
The BTC spot ETF allows traditional funds to legally buy coins;
The ETH ETF allows institutions to invest in the Ethereum ecosystem;
The SHIB ETF is about allowing speculative funds to legally bet on the 'emotional coin' market.
Once approved (even if the probability is only 30%),
The liquidity of SHIB will surge.
And Grayscale's asset management fees will explode.
In 2024, Grayscale made approximately $350 million in management fees from the BTC ETF.
Three months after the ETH ETF went live, the management scale reached $1.8 billion.
Even if only 10% of the funds transfer to the Shiba Inu ETF,
That is also a pool of $1.8 billion in emotional capital.
This is not a joke.
This is called packaging Wall Street products with traffic assets.
Three, 'Meme Coin ETF' = The traffic revolution in finance.
Brothers, you need to understand,
The Shiba Inu ETF is not an investment, but a cultural harvest.
In the past, ETFs tracked assets like gold, oil, stocks, and indices.
And now, they have discovered:
'Consensus' is the most valuable asset.
What is the consensus of Shiba Inu coin?
It is **'I don't understand but I want to bet'**.
And this is precisely the emotion that Wall Street is best at exploiting.
In other words,
ETFs do not regularize the coin market,
It is to financialize emotions.
What Grayscale wants to do is very clear:
Using the system to turn the greed of the coin market into their products.
Four, behind it is a bigger ambition: AI financial narrative relay.
Don't forget, this year the scale of AI-related ETFs has skyrocketed:
NASDAQ AI Index ETF net inflow of $5.9 billion.
NVIDIA-related ETF shares grew by 63%.
And the timing for Grayscale to push for the SHIB ETF,
Just as the AI boom peaks and crypto adjusts.
What are they doing?
In changing the narrative entry —
AI has harvested the institutions,
It's time for retail crypto investors.
So you think they are working on 'meme coins',
In fact, they are making a new round of liquidity transfer.
Five, conclusion:
1️⃣ The Shiba Inu ETF is not a 'joke', it is a new funnel for retail funds;
2️⃣ What Grayscale wants is not the future of Shiba Inu, but the short-term madness of the market;
3️⃣ Once approved, it will be like 'meme stocks',
Becoming the detonator for the next round of retail bull market.
In the short term, this will create localized surges;
In the medium term, this means emotional assets will be harvested institutionally.
In summary:
Wall Street does not play faith, only plays emotions.
When they package Shiba Inu,
Retail investors think they are on shore, but in fact, they have just switched to another basket of leeks.
——Old Stone Next Door
'The end of finance is not technology, it's traffic.'