#JPMorgan: $15 billion net inflow of SOL XRP#
Hot Topic Overview
Overview
JPMorgan expects that exchange-traded products (ETPs) for SOL and XRP could attract net inflows of close to $15 billion. This prediction is based on the market capitalization and ETP flow performance of BTC and ETH, and it is expected that SOL ETPs could see inflows between $3 billion and $6 billion, while XRP ETPs could see inflows between $4 billion and $8 billion. Currently, the assets under management (AUM) of SOL ETPs is close to $1.6 billion, while the AUM of XRP ETPs is $910 million, with net inflows of $438 million and $69 million respectively in 2024.
Ace Hot Topic Analysis
Analysis
JPMorgan expects that exchange-traded products (ETPs) for Solana (SOL) and XRP could attract net inflows of nearly $15 billion. This forecast is based on the market capitalization and ETP flow performance of Bitcoin (BTC) and Ethereum (ETH). BTC ETPs reached $108 billion in assets under management in their first year of trading, accounting for 6% of BTC's total market capitalization of $1.8 trillion. Similarly, ETH ETPs accumulated $12 billion in assets within six months, representing 3% of its market capitalization ($395 billion). Using these adoption rates as a benchmark, SOL ETPs could see inflows of between $3 billion and $6 billion, while XRP ETPs could attract $4 billion to $8 billion. Currently, SOL ETPs have close to $1.6 billion in assets under management, while XRP ETPs have $910 million. Their net flows in 2024 are estimated to reach $438 million and $69 million, respectively. JPMorgan's forecast suggests that institutional investor interest in SOL and XRP is rising, which could drive market growth for both cryptocurrencies.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
SOL and XRP exchange traded products (ETPs) are expected to attract close to $15 billion in net inflows.
This forecast is based on the market capitalization and ETP flow performance of BTC and ETH, and references the adoption rate of BTC and ETH ETPs.
SOL ETP inflows could be between $3 billion and $6 billion, while XRP ETP inflows could be between $4 billion and $8 billion.
Currently, SOL ETPs have an AUM of close to $1.6 billion, and XRP ETPs have an AUM of $910 million, with net flows reaching $438 million and $69 million, respectively, in 2024.