JPMorgan Chase: Solana and XRP ETP may attract $15 billion in inflows

PANews reported on January 14 that according to CryptoSlate, JPMorgan Chase predicts that exchange-traded products (ETPs) related to Solana (SOL) and XRP may attract more than $15 billion in net capital inflows in the future. Currently, Solana and XRP ETPs have assets under management of $1.6 billion and $910 million, respectively, and recorded inflows of $438 million and $69 million last year, respectively.

Based on the adoption rate of Bitcoin and Ethereum ETPs, JPMorgan Chase speculates that SOL's capital inflow may be between $3 billion and $6 billion, while XRP may attract $4 billion to $8 billion. However, due to SEC regulatory uncertainty and the recent rejection of Solana ETF's application, the probability of ETF approval for related assets is low. In contrast, Litecoin and Hedera's ETFs may be more likely to be approved first.

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Author: PA一线

This content is for informational purposes only and does not constitute investment advice.

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