The post Here’s How High Shiba Inu Can Go if a SHIB ETF Captures 5% of Bitcoin ETF Inflows appeared on BitcoinEthereumNews.com.

Shiba Inu could witness a major price breakout if a spot SHIB ETF is approved and captures just 5% of Bitcoin ETF inflows since January 2024. U.S.-listed Bitcoin spot ETFs have amassed $38.9 billion in inflows since their inception. This institutional surge has significantly contributed to Bitcoin’s performance in the lead-up to its April 2024 halving and beyond. In particular, Bitcoin first surpassed the $73K mark in March 2024 due to ETF investments. It went on to set a historic record by trading above $100K by the end of the year, with ETFs playing a major role in this achievement as their BTC holdings crossed 1.1 million, surpassing even Satoshi Nakamoto’s estimated holdings. Calls for SHIB ETF Now, this success has prompted other crypto communities to advocate for similar investment products tailored to their assets. Notably, the Shiba Inu community has been particularly vocal about the need for an ETF. At press time, a petition urging Grayscale to consider a SHIB ETF has gathered over 11,600 signatures. This grassroots interest stems from the hope that a fund investing in SHIB could propel the asset upward, much like what was seen with Bitcoin. While a SHIB ETF remains speculative, The Crypto Basic examines the potential impact of even modest ETF inflows. Shiba Inu Price if It Captures 5% of Bitcoin ETF Inflows If Shiba Inu were to attract just 5% of the $38.9 billion in Bitcoin ETF inflows, that would translate to $1.945 billion entering the SHIB market. Using a conservative 1:10 multiplier effect commonly applied in speculative forecasting, this capital could potentially increase Shiba Inu’s market cap by up to $19.45 billion. The idea is that every $1 of ETF inflow can generate $10 of market cap growth. With Shiba Inu’s current market cap at $8.19 billion and its price at…

---

Filed under: News - @ April 29, 2025 8:21 pm