#JPMorgan: SOL, XRP ETP inflows could reach $15 billion#
Hot Topic Overview
Overview
JPMorgan expects exchange-traded products (ETPs) for Solana and XRP could attract close to $15 billion in net inflows. The forecast is based on the market capitalization and ETP flow performance of BTC and ETH. SOL ETP inflows are estimated to be between $3 billion and $6 billion, while XRP ETP inflows could be between $4 billion and $8 billion. Currently, the asset under management (AUM) for SOL ETP is close to $1.6 billion, while XRP ETP reached $910 million. In 2024, the net inflows for both are expected to reach $438 million and $69 million respectively.
Ace Hot Topic Analysis
Analysis
JPMorgan expects that exchange-traded products (ETPs) for Solana (SOL) and XRP could attract net inflows of close to $15 billion. This prediction is based on an analysis of the performance of BTC and ETH ETP flows. BTC ETPs reached an AUM of $108 billion in their first year of trading, representing 6% of BTC’s total market capitalization of $1.8 trillion. Similarly, ETH ETPs accumulated $12 billion of assets in six months, representing 3% of its market cap of $395 billion. Using these adoption rates as benchmarks, JPMorgan expects SOL ETP inflows to be in the range of $3 billion to $6 billion, while XRP ETP inflows could be between $4 billion and $8 billion. Currently, SOL ETP AUM is close to $1.6 billion, while XRP ETP AUM stands at $910 million, with net inflows of $438 million and $69 million, respectively, in 2024. JPMorgan’s prediction suggests that institutional investors are showing increasing interest in SOL and XRP, which will drive further growth in the ETP market for these two cryptocurrencies.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
SOL 和 XRP ETP 有望吸引大量资金流入,预计总额接近 150 亿美元。
摩根大通的预测基于 BTC 和 ETH ETP 的历史表现,预计 SOL 和 XRP ETP 的流入量将分别达到 30-60 亿美元和 40-80 亿美元。
SOL 和 XRP ETP 的流入量可能与 BTC 和 ETH ETP 的早期采用率相近,但考虑到其市值较小,流入量可能相对较低。
SOL 和 XRP ETP 的流入量将推动其资产管理规模增长,预计 SOL ETP 的 AUM 将达到 20 亿美元,而 XRP ETP 的 AUM 将达到 10 亿美元。