Analysts from JPMorgan are bullish on altcoin ETFs in 2025, claiming that the XRP ETFs and Solana could attract up to $14 billion in investment inflows.
Although these ETFs have not yet been approved, the bank’s analysts say that the funds have received significant interest from the institutional market.
JPMorgan Bullish on Solana and XRP ETFs
JPMorgan, one of the world’s leading investment banks, is quite optimistic about the XRP ETFs and Solana. In one report recently, the firm’s analysts claimed that a potential XRP ETF could raise between $6 billion and $8 billion within six to 12 months.
The co-researcher also states that a Solana ETF could generate between $3 billion and $6 billion over the same time period.
“The key question here remains uncertainty about the investment demand of additional products and whether new crypto ETP launches will be material,” said JPMorgan analysts including Kenneth Worthington affirmed.
The company has never been silent about major potential market trends in the cryptocurrency space. Last year, JPMorgan revealed significant Bitcoin ETF holdings and sought to lead the RWA Tokenization market, just to name a few examples.
XRP and Solana don’t have an ETF yet, but the company predicts great potential upon final approval.
Ripple CEO Brad Garlinghouse once asserted that an XRP ETF is inevitable. Despite some setbacks with the SEC, many leading issuers are still pursuing these claims.
In October 2024, Canary Capital and Bitwise filed applications, while WisdomTree filed in December. JPMorgan said that this interest increased the possibility of an XRP ETF.
ETF Solana also has strong fundamentals. Even though it faces more hurdles than XRP, some strong institutions still bet on it. Additionally, early in 2025, Polymarket gave high odds that approval would happen this year.
JPMorgan has been very clear about why they are bullish on altcoin ETF approvals: Trump’s election victory. He appointed a pro-industry SEC head to replace Gary Gensler and also created the position of “crypto czar” to protect public interests.
With a strong wave of crypto support, XRP and Solana are likely to win final ETF approval.