Shiba Inu has witnessed an impressive 4000% surge in its burn rate today as 71.18 million coins were destroyed in the past 24 hours. This spike comes amid a potential SHIB ETF buzz, sparking further discussions across the global crypto community. Furthermore, the Shiba Inu Marketing head, Lucie, expressed confidence in the prospect of a SHIB ETF and emphasized that the institutional interest in SHIB’s decentralized nature could pave the way for its ETF inclusion, similar to trends observed with other cryptocurrencies. Some potential drawbacks of SHIB ETFs were also highlighted.

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