🚗 #GateSquareCommunityChallenge# Round 2 — Which coin is not listed on Gate Launchpad❓
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🗓️ Deadline: October 8, 2025, 24:00 (UTC+8)
September 18, 2025, will be remembered as a milestone in the history of Crypto Assets. On this day, the world's first ETF focusing on Meme coins — DOGE ETF, with the code DOJE, officially debuted in the financial market. The launch of this innovative product not only marks a broader recognition of Meme coins but also opens up new development pathways for other similar digital assets.
The successful launch of the DOGE ETF has immediately sparked speculation in the market about other well-known meme coins, especially Shiba Inu (SHIB), possibly launching similar ETFs. As a digital asset supported by a large community, SHIB undoubtedly possesses the potential to attract the attention of financial institutions. Investors and analysts generally believe that, considering SHIB's strong fan base, financial institutions are likely to view it as a potential profitable opportunity.
However, despite the high market expectations, as of now, the U.S. Securities and Exchange Commission (SEC) has not received any formal applications for the SHIB ETF. Whether the SHIB ETF can ultimately launch successfully will depend on the interaction of several key factors, including but not limited to changes in the regulatory environment, the sustainability of market demand, and the overall development of the crypto assets ecosystem.
Although the prospects of the SHIB ETF are exciting, industry experts remind investors to remain rational. They point out that there are still many challenges to overcome from concept to actual implementation. The attitudes of regulators, the improvement of market structure, and investor education all require time to develop and mature.
Overall, the success of the DOGE ETF has injected new vitality and possibilities into the Meme coin market. While the potential development of the SHIB ETF is promising, it remains in the realm of possibilities in the short term. Crypto Assets enthusiasts and investors will undoubtedly keep a close eye on the progress in this field, anticipating the emergence of more innovative products to drive the entire industry forward.