According to JPMorgan, exchange-traded products (ETPs) for XRP and Solana (SOL) could potentially attract over $15 billion in net inflows. The forecast is based on the performances of Bitcoin and Ethereum in relation to their market cap and ETP flows. Comparing adoption rates, SOL could see inflows between $3 billion and $6 billion, while XRP could attract between $4 billion and $8 billion. However, the approval of ETFs for these assets in the US is unlikely at this time. Bloomberg analysts suggest that ETFs tied to Litecoin (LTC) and Hedera (HBAR) have a higher chance of being approved first. The SEC recently rejected Solana-tied ETFs, and Ripple Labs is still battling the SEC over whether XRP should be considered a security. As a result, the launch of XRP and SOL ETPs may be delayed.
- Content Editor ( cryptoslate.com )
- 2025-01-14
JPMorgan believes Solana, XRP ETPs could attract $15 billion in net inflows