Shiba Inu has been added to the FTSE Grayscale Crypto Sectors Framework, a move that gives the meme coin new institutional recognition.
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Marketing Lead Lucie announced the development of X with a post titled “Good news for SHIB holders.”
According to the listing, SHIB joins the Consumer and Culture sector along with Dogecoin, identifying it as a token linked to community, culture and entertainment.
Good news for SHIB holders
Grayscale’s October 2025 Market Byte Here Come the Altcoins officially lists Shiba Inu SHIB in the Consumer & Culture crypto sector under 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
The FTSE-Grayscale framework was reportedly launched in 2023 to classify crypto assets into clearer groups for investors.
The framework covers five niches, and Grayscale’s latest report lists SHIB among assets that meet the SEC’s Generic Listing Standards (GLS) criteria.
The GLS rules, approved in September, allow exchanges to list crypto ETPs under a set of generic requirements rather than seeking individual approval for each token.
This opens the door to easier avenues for detecting ETPs, although a token still needs an effective registration statement to be traded as an ETF.
Shiba Inu among some eligible tokens
Reports have revealed that at least 11 cryptocurrencies across four sectors meet the GLS thresholds. In the currency sector, XRP, Litecoin, Stellar and Bitcoin Cash are named.
Qualifying smart contract platforms include Polkadot, Cardano, Solana and Avalanche. Chainlink is unique in utilities and services.
In consumption and culture, only Shiba Inu and Dogecoin are recognized. The Solana and Litecoin ETFs are already trading in the US, while Cardano, XRP, Dogecoin and Bitcoin Cash are still awaiting approvals.
Valor Inc. has issued a SEK-denominated ETP linked 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 in the US.
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Market movements and technical notes
Meanwhile, SHIB price action has been mixed. According to market data cited by analysts, the token fell by more than 6% in the last 24 hours and saw corrections of approximately 13% and 30% in the last week and month, respectively.
Source: Akbarkarimzsfeh/TradingView
Those moves have pushed SHIB to 34th place in the crypto market capitalization rankings.
TradingView commentator “Akbarkarimzsfeh” pointed to a long-term support trend line that in previous cycles preceded strong bounces.
The analyst argued that declines in that area have been followed by rapid rallies, suggesting the current pullback may be temporary.
Featured image from Unsplash, chart from TradingView
