Shiba

Shiba Inu

Stellar

<ul class="news-points">
 <li>Shiba Inu futures contract proposal sparks hope for spot ETF.</li>
 <li>Analyst believes futures listing could lead to SEC approval.</li>
 <li>Sony rebranding Whalefin to S.BLOX further boosts Shiba Inu’s visibility.</li>
</ul>
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).
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper">
 <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 Coinbase to launch CFTC-regulated futures for 5 altcoins starting on July 15th. — Chainlink <a href="https://twitter.com/search?q=%24LINK&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$LINK</a> — Polkadot <a href="https://twitter.com/search?q=%24DOT&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$DOT</a> — Stellar <a href="https://twitter.com/search?q=%24XLM&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$XLM</a> — Avalanche <a href="https://twitter.com/search?q=%24AVAX&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$AVAX</a> — Shiba Inu <a href="https://twitter.com/search?q=%24SHIB&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$SHIB</a> Regulated futures contracts offer investors — enhanced transparency — regulatory oversight — risk… <a href="https://t.co/jh2ITIdVUO" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/jh2ITIdVUO</a>— Altcoin …
 </blockquote>
 </div>
</figure>
The post <a href="https://coinedition.com/shiba-inu-futures-everything-you-need-to-know/" rel="noopener noreferrer nofollow">Shiba Inu Futures: Everything You Need to Know</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

Shiba Inu Futures: Everything You Need to Know

Coin Edition

Other articles published on Jul 4, 2024

Galatasaray Secures New Crypto Sponsorship

Will Crypto Market Rebound in July?

Top Play-to-Earn Cryptos to Invest Before Next Bull Run

India to Launch ₹10,000 Cr Initiative for AI GPU Procurement

Embrace The Future Of Crypto With Moonbag: Redefining Investing Among Polygon and Toncoin Turbulence

South Korean government to launch crypto transaction monitoring system

Join our free newsletter for daily crypto updates!