What if XRP exchange-traded funds (ETFs) could attract billions of dollars in investments, potentially sending its price skyrocketing by 30%? This isn’t just a dream – it’s a major prediction from JPMorgan that is gaining serious traction.
Even more intriguing, a leading Bloomberg analyst is backing this bold forecast, suggesting that XRP’s future in the ETF market could be much bigger than anyone anticipated.
Could this be the moment XRP breaks its all-time high?
JPMorgan’s Bold ETF Forecast for XRP
JPMorgan recently predicted that XRP ETFs could attract between $3 billion and $8 billion in investments during their first year. This prediction has sparked attention across the cryptocurrency world.
And it’s not just JPMorgan making these claims—Eric Balchunas, a senior ETF analyst at Bloomberg, has agreed, calling JPMorgan’s estimate a “pretty reasonable guess.”
SOL & XRP ETPs Could Attract $3-8bn Each: JPM
ETP assets ($108bn) make up 6% of the total Bitcoin market cap ($1,874bn) after the ETPs’ first year of trading; likewise, ether ETP assets ($12bn) have a 3% penetration rate of the total Ethereum market cap ($395bn) within its first… pic.twitter.com/7rApA2z71h
— matthew sigel, recovering CFA (@matthew_sigel) January 13, 2025
His endorsement brings additional credibility to the optimistic outlook for XRP and other altcoins like Solana, which are expected to benefit from a similar wave of investment once their respective ETFs launch.
Solana and XRP: Next in Line for Big ETF Growth?
Bitcoin ETFs have done well in 2024, and now experts believe altcoins like XRP and Solana could experience a similar investment surge.
JPMorgan’s report suggests that XRP ETFs could capture 3% to 6% of the market, bringing in $3 billion to $8 billion in the first year. Solana’s ETFs could see $3 billion to $5 billion in investments in their first year as well.
SOL & XRP ETPs Could Attract $3-8bn Each: JPM
ETP assets ($108bn) make up 6% of the total Bitcoin market cap ($1,874bn) after the ETPs’ first year of trading; likewise, ether ETP assets ($12bn) have a 3% penetration rate of the total Ethereum market cap ($395bn) within its first… pic.twitter.com/7rApA2z71h
— matthew sigel, recovering CFA (@matthew_sigel) January 13, 2025
These predictions are based on the success of Bitcoin and Ethereum ETFs, which have seen Bitcoin ETFs grow to about $108 billion in assets, or around 6% of Bitcoin’s market cap. With this track record, XRP and Solana ETFs are expected to follow a similar pattern.
Political Support Could Speed Up ETF Approvals
Despite the excitement, there are still regulatory hurdles that