Banking giant JPMorgan forecasts significant investments in Solana (CRYPTO: SOL) and XRP (CRYPTO: XRP) exchange-traded funds (ETFs) if they receive approval. The report, shared on Jan. 13, suggests these ETFs could outperform Ethereum (CRYPTO: ETH) ETFs in their initial six months.
What Happened: Investors are optimistic about the approval of the first spot Solana and XRP ETFs, especially with a potentially more innovation-friendly regulatory environment anticipated in the U.S. following President-elect Donald Trump‘s inauguration on January 20. JPMorgan estimates Solana could attract $3 billion to $6 billion, while XRP might gather $4 billion to $8 billion …
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