Shiba Inu has made its debut in the U.S. regulated crypto derivatives market through Coinbase's launch of perpetual-style futures. These futures, which include SHIB, ADA, DOGE, and DOT, are now available on Coinbase's Derivatives platform. The 1k SHIB Index is accessible 24/7 for both retail and institutional traders via approved futures commission merchants (FCMs).
In addition to its U.S. market entry, Shiba Inu has been added to Japan's green list, qualifying it for lower tax rates. The Shiba Inu community has noted growing institutional interest, highlighted by T. Rowe Price's ETF filing and Valour's ETP. Meanwhile, Shibarium Layer 2 is operational, with ongoing development on Layer 3 privacy features.
Shiba Inu Enters U.S. Derivatives Market with Coinbase Launch
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