Eseandre Mordi
● Lucie, a core Shiba Inu community member, recently shared that Grayscale Investments and FTSE Russell have formally classified SHIB under the Consumer & Culture category in their FTSE Grayscale Crypto Sectors framework. Starting October 2025, SHIB now sits alongside major assets like XRP, Solana, and Cardano among crypto projects potentially eligible for spot ETPs (exchange-traded products).
● This classification acknowledges SHIB's transformation from a meme token into a community-driven cultural brand in the crypto space. Unlike traditional smart-contract platforms or currencies, SHIB represents a cultural movement that's attracted millions of holders and spawned its own ecosystem. While this recognition from Grayscale and FTSE boosts institutional credibility, analysts warn it could also increase volatility as future ETP-related trading flows may amplify price swings.
● Currently, SHIB trades around $0.00001 with a $5.5 billion market cap, a one-year return of –48.9%, and 588 billion tokens in circulation. The listing doesn't change these fundamentals immediately, but it may draw long-term investors interested in community-focused crypto assets as spot ETPs expand beyond Bitcoin and Ethereum.
SHIB is recognized by Grayscale Investments and FTSE Russell as a leading project shaping community, culture, and entertainment in crypto. The foundation is strong, the vision alive, and the future ahead real as ever. According to Lucie
● This milestone signals SHIB's evolution from meme coin to recognized cultural asset with institutional backing—potentially opening doors for wider mainstream adoption.
Eseandre Mordi
