JPMorgan Says Altcoin-ETF Inflows May Be as High as $14 Billion
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JPMorgan Chase & Co. analysts estimate that a proposed batch of exchange-traded funds holding alternative cryptocurrencies may attract inflows of as much as $14 billion should they get approved by the US Securities and Exchange Commission.
Analysts at the New York-based bank predict the suite of proposed Solana ETFs will take in anywhere from $3 billion to $6 billion within six to 12 months while the cohort of XRP funds will gather $4 billion to $8 billion in the same time period.