JPMorgan Announces XRP and Solana (SOL) Forecasts!
JPMorgan estimated that XRP and Solana ETFs could attract net inflows of over $15 billion.
After Bitcoin and Ethereum ETFs, the most likely ETF candidates to receive SEC approval include XRP and Solana (SOL).
At this point, with an XRP and Solana ETF expected to gain approval in 2025 under the pro-crypto Trump administration, JPMorgan has estimated that the XRP and SOL ETFs could attract net inflows of over $15 billion.
Banking giant JPMorgan has estimated that a spot XRP ETF could attract impressive inflows of between $3 billion and $8 billion.
Stating that Solana could experience the same rate of inflow as XRP, JP Morgan analysts predicted that XRP and SOL ETFs could attract a total net inflow of more than $15 billion.
Analysts noted that their predictions were based on the performance of Bitcoin and Ethereum ETFs launched last year.
Apart from JPMorgan, VanEck head of digital assets research Matthew Sigel also estimated that SOL and XRP ETFs have the potential to attract inflows of $3-6 billion and $4-8 billion, respectively, based on the performance of BTC and ETH ETFs.
While many companies have already applied to launch an XRP ETF in the US, there are important names such as Bitwise and WisdomTree. As expectations for the XRP ETF increase, Ripple President Monica Long said that XRP is the first in line for approval after Bitcoin and Ethereum ETFs.
*This is not investment advice.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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