SHIB Price Remains Steady as ETF Listing Boosts Institutional Awareness
As of October 30, 2025,
T. Rowe Price Pursues ETF Authorization for SHIB Participation
T. Rowe Price, which manages $1.77 trillion in assets, has filed a Form S-1 registration with the U.S. Securities and Exchange Commission (SEC) for a multi-cryptocurrency exchange-traded fund (ETF). The application includes SHIB as a possible holding, alongside
The T. Rowe Price Active Crypto ETF is designed to outperform the FTSE Crypto US Listed Index by utilizing an active management approach. This strategy enables managers to adjust the fund’s portfolio in response to market shifts, offering greater flexibility than traditional index-based funds. Including SHIB in the fund’s potential assets highlights the token’s growing credibility among institutional investors.
SHIB’s Addition Signals Rising Institutional Trust
The decision by T. Rowe Price to feature SHIB in its ETF proposal represents one of the earliest significant institutional acknowledgments of the token in the United States. By listing SHIB alongside leading cryptocurrencies such as Bitcoin and Ethereum, the firm emphasizes SHIB’s potential as a diversification tool within crypto portfolios. This move also coincides with broader regulatory progress in the industry, as seen in the recent approval of ETFs for Solana,
Since its debut in 2020, the SHIB ecosystem has grown considerably, notably with the launch of Shibarium—a layer-2 scaling platform aimed at lowering transaction fees and enhancing utility. These advancements have helped SHIB evolve from its meme coin origins into a more practical digital asset. Institutional participation could further boost liquidity and price steadiness, especially as SHIB continues to experience volatility.
Technical Analysis and Market Outlook
Although the institutional filing is a positive sign for SHIB, technical analysis currently points to a bearish trend. The token is trading close to $0.00000973, remaining within a downward channel and encountering resistance at the 200-day moving average. The relative strength index (RSI) is around 40, below the neutral 50 mark, reflecting weak momentum and limited buying activity.
SHIB has also seen notable outflows, with more than 11.7 trillion tokens withdrawn from exchanges on October 30. This pattern indicates subdued retail interest and possible accumulation by long-term holders. Experts observe that while token burns and withdrawals are intended to create scarcity, these measures have yet to drive a recovery in demand or price.
Backtesting Strategy Hypothesis
To evaluate the potential effectiveness of a trading strategy based on SHIB’s price action and technical signals, a backtest can be performed using the outlined methodology. Due to the token’s low price, the backtesting system must be designed to prevent division-by-zero errors when calculating returns. The fallback method involves treating every confirmed drop below $0.0000095 as a cue to open a short-term trade, provided the previous close was at or above $0.0000095.
For closing trades, two exit strategies can be considered:1. Time-based Exit: Close the position after a predetermined number of days (such as 7 or 10).2. Price-based Exit: Exit the trade if SHIB climbs back above $0.0000095; if not, enforce a maximum holding period (e.g., 10 days).
The time-based exit offers a straightforward baseline, with a 10-day limit providing a reasonable window to capture short-term moves without overreacting to volatility. Alternatively, combining a time limit with a price trigger can offer more adaptability while maintaining risk management.
