#SOL, XRP ETP Inflows#
Hot Topic Overview
Overview
JPMorgan expects exchange-traded products (ETPs) for SOL and XRP to attract net inflows close to $15 billion. This forecast is based on the market capitalization and ETP flow performance of BTC and ETH. Based on the adoption rate of BTC and ETH ETPs, SOL ETP inflows could be between $3 billion and $6 billion, while XRP ETP inflows could be between $4 billion and $8 billion. Currently, the assets under management (AUM) of SOL ETPs are close to $1.6 billion, while the AUM of XRP ETPs is $910 million. In 2024, their net inflows reached $438 million and $69 million, respectively.
Ace Hot Topic Analysis
Analysis
JPMorgan expects exchange-traded products (ETPs) for XRP and SOL to attract net inflows of close to $15 billion. This forecast is based on the market capitalization and ETP flow performance of BTC and ETH. According to Matthew Sigel, head of digital asset research at VanEck, BTC ETPs reached $108 billion in AUM 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 within six months, representing 3% of its market cap ($395 billion). Using these adoption rates as a benchmark, SOL ETP inflows could range from $3 billion to $6 billion, while XRP ETP inflows could be between $4 billion and $8 billion. CoinShares' latest report shows that SOL ETP AUM is close to $1.6 billion and XRP ETP AUM is $910 million, with net inflows of $438 million and $69 million respectively in 2024.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
SOL and XRP ETP are expected to attract significant inflows, with an estimated total of nearly $15 billion.
JPMorgan's forecast is based on the flow performance of BTC and ETH ETPs, taking into account the market capitalization of SOL and XRP.
SOL ETP inflows could range from $3 billion to $6 billion, while XRP ETP inflows could range from $4 billion to $8 billion.
Fund inflows into SOL and XRP ETPs will drive their market capitalization growth and could attract more investor participation.