Shiba Inu Meme Coin Excluded from T. Rowe Price's Crypto ETF Launch

Shiba Inu's popularity has surged in Japan thanks to an initiative from Rakuten Wallet, but the SHIB Army is disappointed after T. Rowe Price's crypto ETF launch excluded the meme coin.

Rakuten Wallet added a physical SHIB coin to its 'Real Coin' series, and Shiba Inu's official X account celebrated the effort, saying: 'The fifth release in the collection and the first to feature a premium blast finish.'

However, this news was overshadowed by T. Rowe Price's crypto ETF launch, which did not include SHIB as an underlying asset despite previous expectations.

The US government has also seized $250,000 worth of Shiba Inu from FTX and Alameda Research, and Arkham revealed that the tokens will be held by the US government to repay creditors in the FTX case.