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BTC$83,9721.38%ETH$1,929.32.03%USDT$1.000.01%XRP$2.341.16%BNB$633.644.65%SOL$127.850.91%USDC$1.00-0.01%ADA$0.721.38%DOGE$0.172.49%TRX$0.224.06%STETH$1,927.42.05%WBTC$83,7511.38%PI$1.33-6.05%LEO$9.79-0.09%LINK$14.064.81%TON$3.45-0.46%USDS$1.00-0.06%XLM$0.273.05%WSTETH$2,305.222.00%HBAR$0.192.52%AVAX$18.872.97%SHIB$0.00001294-1.64%SUI$2.385.75%LTC$92.021.29%OM$7.033.95%BCH$336.540.18%DOT$4.360.43%USDE$1.000.05%WETH$1,928.232.09%BGB$4.461.37%BSC-USD$1.000.28%HYPE$13.201.48%WBT$28.470.47%WEETH$2,047.412.04%XMR$212.141.17%UNI$6.312.56%SUSDS$1.040.08%APT$5.333.20%DAI$1.000.03%NEAR$2.654.59%PEPE$0.0000073711.31%OKB$51.056.49%ICP$5.905.40%MNT$0.82-0.43%GT$22.083.77%ONDO$0.864.97%ETC$17.821.57%TKX$33.5912.34%AAVE$174.955.66%CBBTC$83,9731.48%CRO$0.080.50%TRUMP$11.381.52%VET$0.033.75%TAO$254.995.56%FDUSD$1.000.04%ATOM$4.640.31%ENA$0.384.21%KAS$0.081.51%FIL$3.036.31%POL$0.211.91%TIA$3.38-0.53%FTN$3.99-0.03%RENDER$3.233.32%LBTC$83,9621.55%ARB$0.375.52%ALGO$0.192.36%S$0.50-0.93%USDT$1.000.05%OP$0.886.30%IP$5.631.81%JUP$0.525.39%FET$0.522.14%KCS$11.191.38%SOLVBTC$83,9381.59%BUIDL$1.000.00%WETH$1,930.342.29%QNT$77.540.46%RSETH$2,004.592.20%NEXO$1.093.21%MOVE$0.465.45%XDC$0.071.16%MKR$1,202.041.86%WLD$0.873.91%IMX$0.573.52%USD0$1.00-0.01%SEI$0.201.36%DEXE$17.10-1.57%INJ$9.963.35%RETH$2,174.592.51%STX$0.631.03%FLR$0.020.60%GRT$0.105.16%BNSOL$133.021.04%THETA$0.915.41%LDO$0.964.06%BONK$0.000011075.99%USDT$1.00-0.01%SOLVBTC.BBN$82,9630.88%METH$2,049.062.15%PYUSD$1.00-0.05%

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JPMorgan Forecasts Solana and XRP ETPs Could Attract $3-$8 Billion and $4-$8 Billion, Trading at $185.81 and $2.53

JPMorgan Chase has forecasted that exchange-traded products (ETPs) for Solana and XRP could attract between $3 billion and $8 billion in net inflows if approved by the SEC
By: DeepNewz • January 14, 2025
JPMorgan Forecasts Solana and XRP ETPs Could Attract $3-$8 Billion and $4-$8 Billion, Trading at $185.81 and $2.53

JPMorgan Chase has forecasted that exchange-traded products (ETPs) for Solana and XRP could attract between $3 billion and $8 billion in net inflows if approved by the SEC.

The bank's estimates suggest that Solana could draw $3 billion to $6 billion, while XRP could see inflows of $4 billion to $8 billion. This prediction comes amid a growing interest in crypto ETFs, particularly following the success of Bitcoin and Ethereum products, which have already secured billions in investments.

Currently, Solana is trading at $185.81, up 2%, and XRP is at $2.53, also up 2%. Trading volumes for both cryptocurrencies have surged, with Solana's volume increasing by 156% and XRP's by 71%. The SEC is expected to make decisions regarding these ETPs by late January 2025.

This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz.

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