#JPMorgan: Significant Inflows into SOL and XRP ETPs#
Hot Topic Overview
Overview
JPMorgan expects exchange-traded products (ETPs) for SOL 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, projecting between $3 billion and $6 billion in inflows for SOL ETPs, while XRP ETPs could see between $4 billion and $8 billion. Currently, SOL ETPs have assets under management of close to $1.6 billion, while XRP ETPs have $910 million, with 2024 net inflows reaching $438 million and $69 million respectively.
Ace Hot Topic Analysis
Analysis
JPMorgan expects exchange-traded products (ETPs) for Solana and XRP to attract net inflows of nearly $15 billion. This prediction is based on the market capitalization and ETP flow performance of BTC and ETH. BTC ETP reached $108 billion in assets under management in its first year of trading, representing 6% of BTC's total market cap of $1.8 trillion. Similarly, ETH ETP accumulated $12 billion in assets within six months, representing 3% of its market cap ($395 billion). Using these adoption rates as a benchmark, JPMorgan expects SOL ETP inflows to be between $3 billion and $6 billion, while XRP ETP inflows could be between $4 billion and $8 billion. Currently, SOL ETP has an AUM of 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 projections suggest growing institutional interest in Solana and XRP, which will drive the development of ETPs and potentially lead to greater market share for these two cryptocurrencies.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
SOL and XRP ETP are expected to attract significant capital inflows, with net inflows projected to reach close to $15 billion.
The inflow volume of SOL and XRP ETP will refer to the adoption rate of BTC and ETH ETP, with SOL ETP inflows estimated at $3 billion to $6 billion, and XRP ETP inflows at $4 billion to $8 billion.
The inflow volume of SOL and XRP ETP will refer to their market capitalization and ETP traffic performance, and refer to the successful cases of BTC and ETH ETP.
The inflow volume of SOL and XRP ETP will drive the growth of their asset management scale, with SOL ETP AUM expected to reach $2 billion and XRP ETP AUM to reach $1 billion.