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

According to estimates from JPMorgan, 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, stated that this forecast takes into account the market capitalization of BTC and ETH and the performance of ETP flows.

BTC ETPs reached an asset management scale of $108 billion in their first year of trading, accounting for 6% of Bitcoin’s total market capitalization of $1.8 trillion. Similarly, ETH ETPs accumulated $12 billion in assets within six months, representing 3% of its market capitalization of $395 billion.

Based on these adoption rates as a benchmark, the inflows for SOL ETPs could range between $3 billion and $6 billion, while XRP ETPs could see inflows between $4 billion and $8 billion.

According to a recent report by CoinShares, the AUM (Assets Under Management) of SOL ETPs is approaching $1.6 billion, and XRP ETPs have an AUM of $910 million. In 2024, net flows for both are projected to reach $438 million for SOL and $69 million for XRP.