According to JPMorgan estimates, exchange-traded products (ETPs) for XRP and SOL could attract net inflows close to $15 billion. Matthew Sigel, head of digital asset research at VanEck, said the forecast takes into account the market cap and ETP flow performance of BTC and ETH.
BTC ETP reached $108 billion in its first year of trading, representing 6% of BTC's total market cap of $1.80 trillion. Similarly, ETH ETP accumulated $12 billion in assets in six months, representing 3% of its market cap ($395 billion). Using these adoption rates as a benchmark, SOL ETP inflows could be between $3 billion and $6 billion, while XRP ETP inflows could be between $4 billion and $8 billion.
According to a recent report from CoinShares, SOL ETP AUM is close to $1.60 billion and XRP ETP AUM is at $910 million, with net flows reaching $438 million and $69 million respectively in 2024.
JPMorgan Chase: SOL and XRP ETP expected to attract nearly $15 billion net inflows
2025-01-14 03:42:43
According to Morgan Chase estimate xrp sol trade traded productdesk3cryptocurrencydesktopCrypto News
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
