According to an estimate by JPMorgan, exchange-traded products (ETPs) for XRP and Solana (SOL) could attract over $15 billion in net inflows.
Matthew Sigel, head of digital assets research at VanEck, shared that the forecast considers the performances of Bitcoin (BTC) and Ethereum (ETH) in relation to their market cap and ETP flows.
Bitcoin ETPs reached $108 billion in assets within their first year of trading, representing 6% of BTC’s total market cap of $1.8 trillion. Similarly, Ethereum ETPs achieved a 3% penetration rate within six months, amassing $12 billion in assets compared to ETH’s $395 billion market cap.
Using these adoption rates as benchmarks, SOL could see inflows between $3 billion and $6 billion, while XRP could attract between $4 billion and $8 billion.
ETFs are not close
According to a recent CoinShares report, Solana-tied ETPs hold nearly $1.6 billion in assets under management (AUM). Meanwhile, XRP products boast $910 million in assets.
Meanwhile, the net flows for their ETPs reached $438 million and $69 million in 2024, respectively.
Although the approval of exchange-traded funds (ETF) indexed to both assets could boost their total AUM, the odds of such an outcome in the US are low for now.
Bloomberg ETF analysts James Seyffart and Eric Balchunas recently highlighted that President-elect Donald Trump’s administration could favor new approvals.
However, ETFs tied to Litecoin (LTC) and Hedera (
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Author: Gino Matos
