JPMorgan forecasts that exchange-traded funds for XRP and Solana could draw in up to 13.6 billion USD over the next year, with projections for Solana ranging from 2.7 billion USD to 5.2 billion USD and XRP from 4.3 billion USD to 8.4 billion USD depending on investor interest.
Regulatory uncertainties have stalled ETF approvals for altcoins at the SEC and CFTC. However, a new SEC chair may pave the way for cryptocurrency innovations, encouraging market anticipation for upcoming ETF developments this year from firms like VanEck and WisdomTree.
The launch of ETFs for SOL and XRP would positively influence their ecosystems, but analysts at JPMorgan caution that the upcoming ETFs may not replicate the same demand seen with Bitcoin and Ether, suggesting limited interest compared to the established products.