專家經規管Shib期貨上市後Shiba Inu Spot ETF成為下一個重大突破

Pseudonymous crypto expert and YouTuber ‘Altcoin Daily’ suggests that the upcoming launch of Coinbase Derivatives’ CFTC-regulated Shiba Inu’s futures contract could pave the way for a spot ETF.
Altcoin Daily issued the speculation in an X post yesterday, emphasizing the significance of the upcoming futures contracts.
Coinbase Derivatives to Launch Regulated SHIB Futures Contract
Last week, Coinbase Derivatives
requested
permission from the U.S. CFTC to launch regulated futures contracts for Shiba Inu alongside four cryptocurrencies: Stellar (XLM), Chainlink (LINK), Polkadot (DOT), and Avalanche (AVAX).
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The derivatives exchange disclosed plans to list the products under a self-certification model scheduled for July 15, 2024.
Futures Contract Could Pave the Way for Spot ETFs
Reacting, Altcoin Daily took to X to highlight the benefits of the offering for U.S. investors. According to the expert, regulated futures contracts offer investors enhanced transparency, regulatory oversight, a compliant trading environment, and risk management.
Interestingly, the expert noted that these products often lead to the potential launch of spot ETFs for the assets involved.
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In a follow-up YouTube
video
, Altcoin Daily asserted that the SEC approved spot ETFs for Bitcoin (BTC) and Ethereum (ETH) because they initially had regulated futures contracts.
“The Bitcoin [and] Ethereum ETFs only got approved because they had futures contracts first,”
Altcoin Daily remarked.
Bloomberg ETF analyst Eric Balchunas also
expressed
a similar sentiment last month in reaction to VanEck’s Solana spot ETF filing. According to Balchunas, his knee-jerk reaction to the filing was that the SEC would not approve a Solana ETF due to the absence of a futures contract for the asset.
Shiba Inu Community Optimistic About a Spot ETF for SHIB
In the meantime, several Shiba Inu community members anticipate that a regulated SHIB futures contract on Coinbase Derivatives could lead to a potential SHIB spot ETF.
Since the SEC approved multiple Bitcoin spot ETFs in January, the community has been eyeing a similar offering for SHIB. This prompted enthusiasts to
petition
Grayscale Investments to apply for the launch of a spot SHIB ETF.
Although Grayscale has not responded to this request, the imminent launch of a regulated SHIB futures contract could further solidify investors’ confidence in the possibility of a spot ETF for the token.
Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
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