Get all your news in one place.
100's of premium titles.
One app.
Start reading
Fortune
Fortune
Catherine McGrath

XRP and Solana ETPs could rake in as much as $14 billion, JPMorgan says

(Credit: Michael Nagle/Bloomberg—Getty Images)

XRP and Solana exchange-traded products, or ETPs, could attract as much as $14 billion in investment within their first year, banking giant JPMorgan says, suggesting huge demand for them if  the federal government approves their debut. 

Specifically, the bank forecasts that Solana ETPs could attract $3 billion to $6 billion of new assets within 6 to 12 months while XRP ETPs could garner $4 billion to $8 billion, according to the projections JPMorgan analysts published in a report on Monday. 

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.