JPMorgan Chase: SOL and XRP ETP are expected to attract nearly $15 billion in net inflows

According to JPMorgan Chase estimates, XRP and SOL exchange-traded products (ETPs) could attract close to $15 billion in net inflows. Matthew Sigel, head of digital asset research at VanEck, said the forecast takes into account the market capitalization and ETP flow performance of BTC and ETH. BTC ETPs reached $108 billion in assets under management in their first year of trading, accounting for 6% of BTC's total market capitalization of $1.8 trillion. Similarly, ETH ETPs accumulated $12 billion in assets in six months, accounting for 3% of its market capitalization ($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 $1.6 billion and XRP ETP AUM is $910 million, with net flows of $438 million and $69 million respectively in 2024. (CryptoSlate)