#JPMorgan Bullish on 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 prediction is based on the market capitalization and ETP flow performance of BTC and ETH, with SOL ETP inflows expected to be between $3 billion and $6 billion, while XRP ETP inflows could range from $4 billion to $8 billion. Currently, SOL ETPs have assets under management of close to $1.6 billion, while XRP ETPs have $910 million. The net inflows for both in 2024 were $438 million and $69 million, respectively.
Ace Hot Topic Analysis
Analysis
JPMorgan expects exchange-traded products (ETPs) for Solana (SOL) 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 ETPs reached $108 billion in assets under management in their first year of trading, representing 6% of BTC's total market cap of $1.8 trillion. Similarly, ETH ETPs accumulated $12 billion in assets within six months, accounting for 3% of its market cap ($395 billion). Based on these adoption rates, SOL ETP inflows could range from $3 billion to $6 billion, while XRP ETP inflows could be between $4 billion and $8 billion. Currently, SOL ETPs have AUM close to $1.6 billion, while XRP ETPs have AUM of $910 million, with net flows of $438 million and $69 million for both in 2024. JPMorgan's forecast suggests growing institutional interest in SOL and XRP, which will drive market share and price increases 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 inflows, with an estimated total of nearly $15 billion.
JPMorgan's prediction is based on the historical performance of BTC and ETH ETPs, and expects SOL and XRP ETP inflows to reach between $3 billion and $6 billion and between $4 billion and $8 billion, respectively.
SOL and XRP ETP inflows will be affected by the adoption rate of BTC and ETH ETPs, with SOL ETP inflows expected to represent 1% to 2% of its market capitalization and XRP ETP inflows representing 1% to 2% of its market capitalization.
SOL and XRP ETP inflows will drive their market capitalization growth and could attract more investor attention.