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JPMorgan: XRP ETF Might Attract $8 Billion

JPMorgan predicts that a spot-based XRP exchange-traded fund (ETF) could attract significant inflows of $3 billion to $8 billion. This estimate is based on the performance of Bitcoin and Ethereum ETFs launched last year. ETF assets make up about 8% of Bitcoin's market cap, but only around 3% of Ethereum's. JPMorgan also expects Solana ETFs to perform similarly. Ripple's Monica Long believes that XRP will follow Bitcoin and Ethereum in getting ETF approval. Multiple industry players, including Bitwise and WisdomTree, are competing to launch an XRP ETF. Nate Geraci, a top ETF analyst, also predicted approval for an XRP ETF this year.

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