After multiple days of declining momentum, interest in the Shiba Inu derivatives market appears to be back in flames. Data from Coinglass has shown a notable increase in the Shiba Inu open interest over the last day.

According to the data, the dog-themed meme token has seen its open interest resurge back to a massive 13.93 trillion SHIB after hitting significant lows in the previous days. This marks a significant increase of 4.31% over the last day, signaling renewed optimism among SHIB enthusiasts.

$182 million in SHIB bets

Following the surge in SHIB’s derivatives activities, it appears that SHIB traders are increasingly willing to open new positions to bet on the asset’s price potential. This suggests that confidence has been restored to the SHIB community, posing the price of the token for more upsurge.

Per SHIB’s trading price as of August 27, the total amount of SHIB committed in its active futures contracts is worth over $182 million according to data provided by the source.

Nonetheless, it is important to note that the SHIB open interest indicates the total number of unsettled SHIB futures contracts or options contracts. As such, the aforementioned figure covers the total amount of funds invested by small and large investors in Shiba Inu derivatives as of August 27.

You Might Also Like

The surge in SHIB’s open interest coincides with the broad crypto market price rebound which saw the price of the leading meme asset surge as high as $0.00001263 on Wednesday.

While momentum appears to be cooling, data from CoinMarketCap shows that the asset has surged to $0.00001250 as of press time after trading for less in the previous days. As such, SHIB has shown a 24-hour increase of 1.1%.

Nonetheless, its positive on-chain metric suggests that SHIB might be set for higher gains in the short term.

Further data provided by the source shows that leading cryptocurrency exchange Gate has dominated the SHIB derivatives market with 7.37 trillion SHIB registered by its users.

This impressive performance was followed by Bitget, which accounts for 2.44 trillion SHIB out of the total amount of SHIB’s unsettled contracts.

On 14 August 2025, Binance reopened access to its suite of “Earn” products for eligible users in the UK following regulatory approval. Binance’s ongoing compliance reset is to mainly restore access to its full range of Binance Earn offerings for qualifying UK investors.

Binance Restores Earn Product Access for UK Professional Investors
This comes after regulatory clarification lifted earlier limitations on certain yield and lending products.
This enables Binance to once again provide qualified high-net-worth firms,investment experts and etc. pic.twitter.com/cyn3eNb79L

— T-8W2AETH (@8W2__) August 14, 2025

“Professional investors in the UK have been asking for access to our Earn products, and we are excited that today we can deliver that in full compliance with local regulations,” a Binance spokesperson said. “These are sophisticated clients who understand the asset class and want innovative, flexible tools to grow and manage their crypto portfolios.”

Binance’s move reverses restrictions introduced during a prolonged period of regulatory tightening in the UK that caused crypto promotions and product lines to be curtailed. So what does the reopening suggest? Binance has implemented required consumer-protection and marketing compliance measures to align with the UK rules.

DISCOVER: 9+ Best High-Risk, High-Reward Crypto to Buy in August 2025

UK Is Tough Jurisdiction For Crypto Marketing Rules

The UK has been a rather tough jurisdiction, specially for crypto marketing rules, after the Financial Conduct Authority (FCA) introduced strict “financial requirements” in 2023. This impacted feature availability across major exchanges.

Earn products such as savings, staking, and other yield-related offering had been limited or halted for UK users. This affected retail participation.

“Staking is unique because it’s not just about returns,” the Binance spokesperson said. “It’s about alignment. Professional investors see it as a way to actively contribute to the long-term success of the networks they believe in, while earning yields that can outperform traditional fixed-income products.”

DISCOVER: Next 1000X Crypto: 10+ Crypto Tokens That Can Hit 1000x in 2025

UK to Cap Bank Crypto Holdings at 1% by 2026

The Bank of England is setting the stage for a big change in how British banks interact with cryptocurrencies. Starting in 2026, banks will face new limits on how much digital asset exposure they can take on. The move is part of a wider push to reduce risk and keep the traditional financial system from being rattled by crypto’s ups and downs. Transparency is an important part of the Bank of England crypto framework, with banks required to disclose their crypto activity in detail.

David Bailey, director of prudential policy at the Bank of England, explained the thinking behind the restrictions. In short, volatile assets like Bitcoin are too unpredictable to form a big chunk of a bank’s portfolio. Bailey called for a “conservative approach,” saying banks need to manage crypto in a way that protects both themselves and their customers.

Read More: Bank of England Crypto Rules Set 1% Cap for 2026

Binance Restores “Earn” Products for UK Users After Regulatory Green Light