JPMorgan’s Bold Prediction for Solana and XRP ETFs

JPMorgan predicts $3 billion to $8 billion in inflows into Solana and XRP ETFs if Trump administration approves.

Azcnews Jpmorgan's Bold Prediction For Solana And Xrp Etfs

The bank has signaled a positive outlook for the Solana and XRP ETFs, building on the success of existing crypto ETFs in the US over the past year. This has led to a surge in SOL and XRP tokens, signaling an upcoming bull run.

Notably, this comes amid speculation that the Trump administration will greenlight new crypto ETFs that have been filed with the US Securities and Exchange Commission (SEC).

JPMorgan’s Forecast for Solana and XRP ETFs

According to JPMorgan, Solana and XRP ETFs could attract a total of around $15 billion in inflows within a year, based on the percentage of market capitalization that Bitcoin and Ether ETFs have achieved.

Jpmorgan Is Bullish On Solana And Xrp Etf
Jpmorgan Is Bullish On Solana And Xrp Etf

Specifically, in their first year, Bitcoin ETFs recorded about $108 billion in assets, equivalent to 6% of Bitcoin’s market capitalization. Similarly, Ether ETFs reached about $12 billion in assets, accounting for 3% of the market capitalization after six months of launch. JPMorgan applied the same ratio to predict inflows for Solana and XRP ETFs, coming up with figures of $3 billion to $8 billion for each fund.

Read more: MOVE Token Plummets Despite Raising $100 Million

Matthew Sigel also shared a similar view on the X platform with some community members, emphasizing that ETFs will be a “game changer” for SOL and XRP liquidity.

Notably, JPMorgan predicted a brighter future for SOL and XRP ETFs just days after CEO Jamie Dimon expressed skepticism about Bitcoin, despite the cryptocurrency receiving strong demand from the bank’s clients.

(2 votes)

4.5/5

(2 votes)

Latest

Why Is Xrp Still Not Rallying Despite Ripple’s $50m Settlement With The Sec

News | Altcoin | Editor Choice

Why Is XRP Still Not Rallying Despite Ripple’s $50M Settlement with the SEC?

Ripple has just reached a $50 million settlement with the SEC, yet XRP's price has not seen the strong breakout investors hoped for—so what’s holding the cryptocurrency back?

Meta Restarts Stablecoin Payment Integration

News | Bitcoin Layer2 | Policy & Regulations

Meta Restarts Stablecoin Payment Integration

Meta (the parent company of Facebook) is restarting the process of integrating stablecoins into its platform after missing the deadline six years ago.

Nearly 99% Of Tokens On Pump Fun Are Rug Pull Or Pump Dump

News | Editor Choice | Memecoin

Nearly 99% of tokens on Pump.fun are Rug Pull or Pump-Dump

Up to 98.6% of the tokens launched on the Pump.fun platform have been identified as rug pulls or pump-and-dump schemes, resulting in losses for investors.

Bitcoin Tops $100k As Crypto Market Turns Bright Green

News | Bitcoin | Editor Choice

Bitcoin Tops $100K as Crypto Market Turns Bright Green

Bitcoin has officially surpassed the $100,000 mark for the first time in months, reigniting investor optimism as the cryptocurrency market enters a strong bullish phase.

Donald Trump Angry Over Xrp Manipulation In Digital Asset Reserve Plan

News | Altcoin | Editor Choice

Donald Trump Angry Over XRP Manipulation in Digital Asset Reserve Plan

In a report by Politico, Brian Ballard provided a draft post outlining a predictive strategy that included XRP, SOL, and ADA, which angered Donald Trump.