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According to a report from JPMorgan, the launch of a Ripple XRP and Solana SOL ETF could attract approximately $14 billion in inflows in their first year. The projection is based on market penetration rates similar to existing Bitcoin and Ethereum ETFs, which currently represent 3-6% of their respective tokens’ market capitalizations. JUST IN: JPMorgan predicts new proposed $XRP & $SOL ETFs may attract $14 billion worth of inflows. — Watcher.Guru (@WatcherGuru) January 14, 2025 Based on Solana’s current market cap of $90.5 billion, ETF assets could reach $5.2 billion at 6% penetration or $2.7 billion at 3% penetration, JPMorgan notes. “The key question here remains the uncertainty of investor demand for additional products and whether new crypto ETP launches will matter,” JPMorgan analysts including Kenneth Worthington wrote in a note. Solana’s SOL and Ripple’s XRP cryptocurrencies are two of the top altcoins on the cryptocurrency market. Both had explosive 2024s in terms of...

Crypto ETFs (exchange-traded funds) based on altcoins such as Solana (SOL) and Ripple (XRP) could attract billions of dollars in new investment, according to banking giant JPMorgan. “When applying these so-called “adoption rates” to SOL and XRP, we see SOL attracting roughly $3 billion – $6 billion of net assets and XRP gathering $4 billion -$8 billion in net new assets,” the bank said in a recent report. New Crypto ETFs Could Lead To All-Time Highs For SOL And XRP JPMorgan’s prediction comes shortly after the 1-year anniversary of the launch of spot Bitcoin ETFs in the US, which have recorded $35.94 billion in cumulative net inflows since their launch, according to data from Farside Investors . It also comes amid growing anticipation that Donald Trump’s administration will encourage more crypto-friendly policies. Should SOL and XRP ETFs get the greenlight and subsequently launch in the coming months, it could push the cryptos’ pric...