Shiba Inu has lost an opportunity to feature in a U.S.-listed crypto exchange-traded fund (ETF) as T. Rowe Price officially launched its Active Crypto ETF without including the popular meme coin. This news comes as a disappointment for the Shiba Inu community, which had eagerly anticipated its inclusion in the fund.
Initially, when T. Rowe Price filed for the ETF in October 2025, Shiba Inu was among the cryptocurrencies that met the eligibility criteria. The asset management firm planned to hold between five and 15 digital assets in its portfolio, which fueled hopes that SHIB could be one of the first meme coins to gain entry into a U.S.-listed crypto ETF. However, those expectations fell flat when the fund debuted.
Details of the New ETF
Launched under the ticker TKNZ on NYSE Arca, the Active Crypto ETF started with $15 million in assets under management (AUM) and has an expense ratio of 0.75%. Instead of Shiba Inu, the ETF's initial allocation includes major cryptocurrencies:
- Bitcoin (BTC) 40.75%
- Ethereum (ETH) 18.42%
- Binance Coin (BNB) 11.01%
- Solana (SOL) 9.44%
- XRP (XRP) 9.37%
- Hyperliquid (HYPE) 6.45%
- Stellar (XLM) 3.00%
- Dogecoin (DOGE) 1.28%
- USD Coin (USDC) 0.16%
- Cash equivalents 0.11%
While Dogecoin found a spot in the ETF, Shiba Inu was noticeably absent.
Despite the lack of a formal explanation for SHIB's exclusion, its declining market performance likely played a role. Once ranked among the top 20 cryptocurrencies by market cap, Shiba Inu has dropped to 33rd place with a market value of $2.43 billion, currently trading at $0.000004132. The project has also seen a decrease in community engagement, as several prominent figures have become less active on social media.
As the crypto market continues to evolve, T. Rowe Price's active management may leave the door open for Shiba Inu's inclusion in future revisions of the ETF, should market conditions improve.
This article is for informational purposes only and should not be considered financial advice.
