‘Good News’ Finally Arrives For SHIB Army As Team Unveils New Update

Christian Encila

Last Updated: November 5, 2025 2:00 am

3 mins read

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Shiba Inu has been added to the FTSE Grayscale Crypto Sectors Framework, a move that gives the meme coin fresh institutional recognition.

Marketing lead Lucie announced the development on X with a post titled “Good News for SHIB Holders.”

According to the listing, SHIB joins the Consumer & Culture sector alongside Dogecoin, identifying it as a token tied to community, culture, and entertainment.

Good news for SHIB holders

Grayscale’s Market Byte Here Come the Altcoins from October 2025 officially lists Shiba Inu SHIB under the Consumer & Culture crypto sector in the FTSE Grayscale Crypto Sectors framework.

SHIB is recognized by Grayscale Investments and FTSE Russell as… pic.twitter.com/8jBpKkP9PL

— 𝐋𝐔𝐂𝐈𝐄 (@LucieSHIB) November 2, 2025

Inclusion Signals Institutional Recognition

Based on reports, the FTSE–Grayscale framework was launched in 2023 to sort crypto assets into clearer groups for investors.

The framework covers five niches, and Grayscale’s latest report lists SHIB among the assets that meet the SEC’s Generic Listing Standards (GLS) criteria.

The GLS rules, approved in September, let exchanges list crypto ETPs under a set of generic requirements rather than seeking individual sign-off for each token.

That opens the door for more straightforward pathways to spot ETPs, although a token still needs an effective registration statement to trade as an ETF.

SHIB market cap is currently at $5.27 billion. Chart: TradingView

Shiba Inu Among A Few Eligible Tokens

Reports have disclosed that at least 11 cryptocurrencies across four sectors meet the GLS thresholds. In the Currencies sector, XRP, Litecoin, Stellar, and Bitcoin Cash are named.

Smart contract platforms that qualify include Polkadot, Cardano, Solana, and Avalanche. Chainlink stands alone in Utilities & Services.

In consumer and culture, only Shiba Inu and Dogecoin are recognized. Solana and Litecoin ETFs are already trading in the US, while Cardano, XRP, Dogecoin, and Bitcoin Cash are still awaiting approvals.

Valour Inc. has issued a SEK-denominated ETP tied to SHIB in Europe, and asset manager T. Rowe Price has mentioned SHIB as a candidate for inclusion in its Active Crypto ETF, but SHIB does not yet have a standalone spot ETF filing in the US.

Market Moves And Technical Notes

Meanwhile, SHIB’s price action has been mixed. Based on market data cited by analysts, the token fell by over 6% in the past 24 hours and has experienced about 13% and 30% corrections in the last week and month, respectively.

Source: Akbarkarimzsfeh/TradingView

Those moves have pushed SHIB down to 34th in the crypto market cap rankings.

TradingView commentator “Akbarkarimzsfeh” flagged a long-term support trendline that has in past cycles preceded sharp rebounds.

The analyst argued that dips to that area have been followed by rapid rallies, suggesting the current pullback may be temporary.

Featured image from Unsplash, chart from TradingView

Christian Encila

They say journalists never truly clock out. But for Christian, that's not just a metaphor, it's a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn.

Christian's journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved the way for a successful stint as an editor at a data engineering firm, where his first-month essay win funded a months-long supply of doggie and kitty treats – a testament to his dedication to his furry companions (more on that later).

Christian then roamed the world of journalism, working at newspapers in Canada and even South Korea. He finally settled down at a local news giant in his hometown in the Philippines for a decade, becoming a total news junkie. But then, something new caught his eye: cryptocurrency. It was like a treasure hunt mixed with storytelling - right up his alley!

So, he landed a killer gig at NewsBTC, where he's one of the go-to guys for all things crypto. He breaks down this confusing stuff into bite-sized pieces, making it easy for anyone to understand (he salutes his management team for teaching him this skill).

Think Christian's all work and no play? Not a chance! When he's not at his computer, you'll find him indulging his passion for motorbikes. A true gearhead, Christian loves tinkering with his bike and savoring the joy of the open road on his 320-cc Yamaha R3. Once a speed demon who hit 120mph (a feat he vowed never to repeat), he now prefers leisurely rides along the coast, enjoying the wind in his thinning hair.

Speaking of chill, Christian's got a crew of furry friends waiting for him at home. Two cats and a dog. He swears cats are way smarter than dogs (sorry, Grizzly), but he adores them all anyway. Apparently, watching his pets just chillin’ helps him analyze and write meticulously formatted articles even better.

Here's the thing about this guy: He works a lot, but he keeps himself fueled by enough coffee to make it through the day - and some seriously delicious (Filipino) food. He says a delectable meal is the secret ingredient to a killer article. And after a long day of crypto crusading, he unwinds with some rum (mixed with milk) while watching slapstick movies.

Looking ahead, Christian sees a bright future with NewsBTC. He says he sees himself privileged to be part of an awesome organization, sharing his expertise and passion with a community he values, and fellow editors - and bosses - he deeply respects.

So, the next time you tread into the world of cryptocurrency, remember the man behind the words – the crypto crusader, the grease monkey, and the feline philosopher, all rolled into one.

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