New ETFs based on leading altcoins will attract significant investment if approved, according to analysts at JPMorgan. In terms of capital inflows, SOL- ETF и XRP - ETF could outperform spot ETH- ETF in the first six months after launch.
Using so-called "acceptance rates" Solana и XRP , we see that SOL- ETF will attract approximately $3-6 billion in net assets, and the inflow XRP - ETF will amount to $4-8 billion, according to the JPMorgan report.
JPMorgan's report is based on the pace of adoption of Bitcoin and Ethereum-based ETFs. However, demand for altcoins is less stable, making it difficult to accurately predict the future of SOL- ETF и XRP - ETF .
Several major asset managers, including VanEck, Grayscale, 21Shares, Bitwise and Canary Capital, have already filed applications for ETF on the basis of Solana The SEC is expected to make preliminary decisions on these applications by the end of January. Grayscale's deadline is January 23, while the other applicants are expecting decisions by January 25.
Approval ETF may significantly affect the price Solana , says the founder of the second-tier blockchain network Lumio Solana Alejo Pinto.
