Shiba Inu Futures: Everything You Need to Know

• Shiba Inu futures contract proposal sparks hope for spot ETF.
• Analyst believes futures listing could lead to SEC approval.
• Sony rebranding Whalefin to S.BLOX further boosts Shiba Inu’s visibility.

The possibility of regulated Shiba Inu futures contracts is fueling speculation about a potential spot ETF for the memecoin, a development that could significantly impact the token’s future and mainstream adoption.

Influential crypto commentator Altcoin Daily, with a large following on YouTube believes that launching a futures contract for Shiba Inu could pave the way for a spot ETF for the memecoin project.

He mentioned this as response to a recent request by Coinbase Derivatives asking the CFTC to allow it to launch regulated futures contracts for Shiba Inu and four other cryptocurrencies, including Stellar (XLM), Chainlink (LINK), Polkadot (DOT), and Avalanche (AVAX).

Coinbase to launch CFTC-regulated futures for 5 altcoins starting on July 15th.

— Chainlink $LINK
— Polkadot $DOT
— Stellar $XLM
— Avalanche $AVAX
— Shiba Inu $SHIB

Regulated futures contracts offer investors
— enhanced transparency
— regulatory oversight
— risk… pic.twitter.com/jh2ITIdVUO

— Altcoin …

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