XRP And SOL ETPs Could Attract Significant Inflows, Says JPMorgan

According to Odaily, JPMorgan estimates that exchange-traded products (ETPs) for XRP and SOL could see nearly $15 billion in net inflows. Matthew Sigel, Head of Digital Asset Research at VanEck, noted that this forecast considers the market capitalization and ETP flow performance of BTC and ETH. In its first year of trading, BTC ETPs reached an asset management scale of $108 billion, representing 6% of BTC's total market capitalization of $1.8 trillion. Similarly, ETH ETPs accumulated $12 billion in assets within six months, accounting for 3% of its market capitalization of $395 billion. Using these adoption rates as benchmarks, SOL ETP inflows could range between $3 billion and $6 billion, while XRP ETP inflows might be between $4 billion and $8 billion. A recent report by CoinShares indicates that SOL ETP assets under management (AUM) are close to $1.6 billion, and XRP ETP AUM has reached $910 million, with net flows for 2024 projected at $438 million and $69 million, respectively.