When Will Robinhood Add Shiba Inu?

Robinhood ($HOOD@US) is under tremendous pressure to add Shiba Inu to its tradable instruments list but has so far has not made a final decision on the matter. New information indicates that there could be a plausible reason for the trading app's non-action. The "When Shiba" question was unavoidable for Robinhood executives on their earnings call held late Thursday. In a Q&A session, Robinhood’s co-founder and CEO Vlad Tenev gave a round-about answer to this persistent question, saying that the company has been proactively engaging with regulators and wants to add more coins. Robinhood may not be wanting to rub the SEC the wrong way by indiscriminately listing a slew of cryptos and instead is waiting for more clarity on the regulatory front. The loyal following of SHIBA – called the SHIBARMY – has been projecting the potential addition to Robinhood as a "win-win" proposition. A Robinhood listing could help the meme crypto break out of a lackluster phase, given it would increase the availability and demand for the token and potentially its prices.