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Hadi

01/26 03:42

JP Morgan projects that, upon approval, XRP and

JP Morgan projects that, upon approval, XRP and Solana ETFs could each attract between $3 billion and $8 billion in investments. 

Matthew Sigel, Head of Digital Assets Research at VanEck, shared these projections today on X. The report highlights the potential impact of ETF approvals on XRP’s and Solana’s market caps and prices.

Projected Inflows and Market Impact
For context, JP Morgan’s report compares the adoption rates of Bitcoin and Ethereum ETFs, which have witnessed comparable successes following their approvals.TCB-12.png
The bank pointed out that Bitcoin ETFs amassed $108 billion in assets, representing 6% of Bitcoin’s market cap within their first year. Similarly, Ethereum ETFs reached $12 billion in assets, accounting for 3% of Ethereum’s market cap in six months.

JP Morgan applied these rates to XRP and Solana ETFs. Notably, for XRP, with a market cap of $146.5 billion at the time of the report, a 3% inflow, which compares to Ethereum’s inflows, could introduce an additional $4.3 billion, elevating the market cap to $150.8 billion. 
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