Shiba Inu Team Looks Forward to SHIB Inclusion in U.S. Crypto Reserve
The Shiba Inu ecosystem team has expressed optimism that the United States government will eventually consider adding SHIB and BONE to the recently announced national digital asset reserve.
On Monday, U.S. President Donald Trump shared an update on the country’s strategic digital asset reserve, confirming that it will include a select group of cryptocurrencies. The finalized list features major digital assets such as Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Cardano (ADA), and XRP.
The initiative aims to establish a government-held cryptocurrency stockpile, similar to traditional national reserves. Under this plan, the U.S. will acquire and hold specific amounts of these assets for a set duration.
Great news for crypto!
Hopefully, in the near future, we will see SHIB and BONE join this list. pic.twitter.com/Nv9tEVUrps
— 𝐋𝐔𝐂𝐈𝐄 (@LucieSHIB) March 2, 2025
While XRP investor and Bitrue ambassador XRPcryptowolf has previously suggested that government backing can bolster a cryptocurrency’s market credibility and drive its long-term value, similar dynamics may well apply to SHIB.
As the asset focuses on strengthening its credibility through ETF applications and other adoption efforts, increased institutional interest could potentially translate into a price increase over time.
Following the announcement, Lucie, the marketing lead for the ecosystem, welcomed the initiative and described it as a positive step for the crypto industry. However, she also hoped the government would eventually broaden its selection to include Shiba Inu ecosystem tokens, particularly SHIB and BONE.
The community has actively worked to strengthen the token’s credibility, and many supporters believe it deserves a place in the national digital asset reserve. While SHIB and BONE were not included in the initial selection, their advocates remain optimistic about future developments.
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White House Official Hints at Further Announcements
It is unclear whether the U.S. will expand the reserve to include additional cryptocurrencies. However, David Sacks, the White House official overseeing AI and crypto policy, suggested that further details will be shared in the coming weeks. He hinted that the Presidential Working Group on Digital Assets will reveal more information during an upcoming summit.
Trump and key members of the administration are scheduled to host the inaugural Crypto Summit on March 7. They will engage with industry leaders and discuss the long-term objectives of the digital asset reserve. The event may provide insight into whether additional cryptocurrencies, such as SHIB and BONE, could be considered for inclusion.
Shiba Inu Community Pushes for Greater Recognition
Beyond advocating for a spot in the digital asset reserve, the Shiba Inu team has been working to increase the project’s legitimacy within the broader financial sector. Last week, they launched a campaign encouraging investment firms to consider filing applications for a SHIB-backed exchange-traded fund (ETF).
This push comes as financial institutions recently submitted ETF applications for other cryptocurrencies, including Solana, XRP, and Cardano. Even meme-based tokens like Dogecoin, Bonk, and Official Trump have pending ETF filings with the U.S. Securities and Exchange Commission (SEC).
Interestingly, despite its significant market presence, no ETF applications have been submitted for SHIB. However, Shiba Inu supporters argue that the token has a strong case for approval. The SEC has previously clarified that meme coins, including SHIB, are not considered securities, eliminating regulatory concerns that could have complicated the approval process.
While these two tokens were not included in the initial digital asset reserve, the community continues to push for greater mainstream recognition. The upcoming Crypto Summit could provide additional clarity on whether the U.S. government plans to expand the reserve to include more digital assets.
For now, the focus remains on strengthening SHIB’s credibility and increasing institutional interest in the token through ETFs and other adoption efforts, which could contribute to a potential price increase in the long run.
Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.
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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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