- Shiba Inu is consolidating near $0.00001312 as investors weigh the recent Shibarium hack against growing hopes for a SHIB ETF.
- Technical patterns suggest a potential breakout, with catalysts favoring an upside move.
Shiba Inu (SHIB) is once again in the spotlight as its price consolidates near $0.00001312. Traders are weighing recent challenges, including the Shibarium hack, against growing optimism around a potential spot SHIB ETF. This mix of caution and excitement could soon lead to a decisive move in price.
SHIB ETF Speculation Gains Strength
One of the strongest catalysts for Shiba Inu’s future performance is the talk of a SHIB ETF filing. Interest in meme coin ETFs has been heating up since the successful launch of the Rex Osprey Dogecoin ETF, which boosted trading volumes significantly.
Because SHIB has regulated futures on Coinbase (“1k Shib Index”), it qualifies for spot ETF consideration under the same SEC pathway Bitcoin and Ethereum followed.
— 𝐋𝐔𝐂𝐈𝐄 (@LucieSHIB) September 18, 2025
The big picture for SHIB
•SHIB now joins the “ETF-watchlist club” with other futures-backed cryptos.
•If/when… pic.twitter.com/cZPxUWWhBn
Adding fuel to the speculation, the U.S. Securities and Exchange Commission (SEC) recently introduced guidelines for faster crypto ETF approvals. These rules favor cryptocurrencies with regulated Coinbase futures, and Shiba Inu is among the 20 tokens meeting this requirement.
Although there’s no guarantee that a SHIB ETF would attract large inflows, even the news of a filing could drive investor enthusiasm and lift prices.
Shibarium Hack and Recovery Efforts
Balancing the optimism is the ongoing fallout from the recent Shibarium hack. The attacker exploited a 4.6 million BONE flash loan, gaining access to validator signing keys and siphoning funds. However, most of the stolen assets remain locked, offering some relief.
The Shiba Inu team has responded by offering a 50 ETH bounty for the safe return of the funds under a whitehat agreement. Their swift response shows commitment to restoring confidence in the ecosystem as developers work on strengthening network security.
RELATED:Shibarium Hack: Attacker Gains Control With 4.6M BONE, Steals 92.6B SHIB and 224 ETH
Shiba Inu Price Technical Setup
On the charts, SHIB is trading within a symmetrical triangle pattern, suggesting an imminent breakout. It is currently consolidating around both the 50-day and 100-day Exponential Moving Averages (EMA).
This accumulation phase indicates that volatility may soon return. With altcoin season gradually unfolding and Federal Reserve rate cuts expected to stimulate risk assets, the odds lean toward an upside breakout.
For now, Shiba Inu investors are watching two key developments: the potential SHIB ETF filing and the resolution of the Shibarium hack. Both carry the potential to shape market sentiment and set SHIB on a new trajectory.
Whether the price breaks higher or faces fresh hurdles, Shiba Inu remains one of the most closely watched tokens in the crypto space.
DISCLAIMER:
The views and opinions expressed herein are solely those of the author and do not necessarily reflect the views of the publisher. The publisher does not endorse or guarantee the accuracy of any information presented in this article. Readers are encouraged to conduct further research and consult additional sources before making any decisions based on the content provided.
About the Author
