JPMorgan has dropped a positive hint at the adoption of Solana ETF and XRP ETF, while considering the success that the current US Crypto ETFs have achieved within a year. As a result, SOL and XRP tokens have picked up upside momentum, showing signs of an upcoming rally. Moreover, the development comes amid speculation that Donald Trump’s administration will greenlight new crypto ETFs already submitted to the U.S. Securities and Exchange Commission (SEC). JPMorgan’s Report on SOL ETF and XRP ETF JPMorgan has forecasted that Solana ETF and XRP ETF could collectively bring an inflow of approximately $15 billion within a year. This is based on the portion of market cap that Bitcoin and Ether ETFs have put on paper. Notably, Bitcoin ETFs were approximately $108 billion in assets in the first year, representing around 6% of its total market cap. Similarly, Ether ETFs reached around $12 billion in assets, reflecting a portion of 3% after six months of launch. JPMorgan has applied the same adoption rate to Solana ETFs and XRP ETFs to reach the final number of $3 billion to $8 billion for each. Matthew Sigel on X has reiterated the same sentiment with a few community members. He came forward to share his opinion by calling ETFs a game changer for SOL and XRP liquidity. Interestingly, JPMorgan has forecasted a brighter future for SOL and XRP ETFs days after its CEO Jamie Dimon expressed skepticism on Bitcoin despite massive demand from its clients. Performance of Bitcoin and Ether ETFs Spot Bitcoin ETFs and Spot Ether ETFs have performed well since their respective launches, which forms a timeline of 12 months for BTC and around 6 months for Ether. Historical cumulative inflows for Spot Bitcoin ETFs and Spot Ether ETFs stand at $35.9 billion and $2.4 billion, respectively, according to data by Farside Investors. BlackRock leads the inflows chart for both BTC and ETH. The ETF issuer has recorded an inward flow of $37.6 billion in Spot Bitcoin ETF and $3.6 billion in Spot Ether ETF. Spot Bitcoin ETFs and Spot Ether ETFs, on January 13, recorded an outflow of $284.1 million and $39.4 million, applicable in the same order. That was the third consecutive day that both major US crypto ETFs registered outflows. Nevertheless, the confidence in crypto ETFs is evident with the Trump Administration likely to get into action from the first day. SOL and XRP Price Performance Solana and Ripple tokens are showing upticks now that JPMorgan has forecasted a bullish future for their respective ETFs. SOL price is up by 2% in the last 24 hours, exchanging hands at around $185.81. There is a massive surge of 156.75% in its 24-hour trading volume with a reasonable decline of 4.65% in its open interest, as per Coinglass. XRP price is up by more than 2% during the same time window, trading at an approximate value of $2.53. Its 24-hour trading volume has increased by 71.65% and open interest is up by 0.30%. The post JPMorgan Breaks Silence on Solana and XRP ETF Possibilities appeared first on CoinGape .
