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At JPMorgan’s discretion, exchange-traded products (ETPs) for XRP And Solana (SolIt could attract more than $15 billion in net inflows.
Matthew Siegel, Head of Digital Assets Research at Van Eyck, subscriber The forecast takes into account Bitcoin’s performance (Bitcoin) and Ethereum (Ethereum) with respect to market capitalization and ETP flows.
The value of Bitcoin’s exchange-traded assets reached $108 billion during its first year of trading, representing 6% of BTC’s total market capitalization of $1.8 trillion. Likewise, Ethereum exchange-traded products achieved a 3% penetration rate within six months, amassing $12 billion in assets compared to Ethereum’s market cap of $395 billion.
Using these adoption rates as benchmarks, SOL could see inflows between $3 billion and $6 billion, while XRP could attract between $4 billion and $8 billion.
ETFs are not even close
According to a hadith Currency stocks According to the report, Solana-linked ETPs hold approximately $1.6 billion in assets under management (AUM).. Meanwhile, XRP features $910 million in assets.
Meanwhile, net flows to its exchange-traded products were $438 million and $69 million in 2024, respectively.
Although approval of exchange-traded funds (ETFs) tied to both assets could boost total assets under management, the odds of such an outcome occurring in the U.S. are currently low.
Bloomberg ETF Analysts James Seyphart and Eric Balchunas newly Highlight That president-elect Donald Trump Management can prefer new approvals.
However, the ETFs are tied to Litecoin (ltc) and Hadera (HBAR) will likely be approved first. LTC is a fork of Bitcoin, meaning it will likely be classified as a commodity, while HBAR has never been targeted by regulators and is unlikely to be classified as a security.
Meanwhile, SOL and XRP receive different treatment. US Securities and Exchange Commission (SEC) It was recently rejected Solana-linked ETFs, while Ripple Labs It is still struggling with the regulator over whether XRP should be considered a security.
Although Bloomberg analysts are predicting a wave of new ETFs this year, XRP and SOL products may be delayed.
