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fed holds off on rate cuts amid tariff uncertainty and inflation concerns
Goldman Sachs predicts the Federal Reserve will refrain from interest rate cuts amid uncertainty surrounding Trump's tariff policies, which are expected to increase inflation. Analysts now foresee two cuts in 2025 and adjustments to GDP and inflation forecasts, emphasizing the Fed's cautious stance in response to economic data and market volatility. Powell is likely to maintain independence from political pressures, waiting for clear signs of economic deterioration before making any moves.
jpmorgan predicts 13.6 billion influx for xrp and solana etfs if approved
JPMorgan estimates that if approved, XRP and Solana ETFs could attract up to $13.6 billion in investments within the first year. Solana products may bring in $2.7 billion to $5.2 billion, while XRP ETFs could see inflows of $4.3 billion to $8.4 billion, depending on regulatory developments. Despite the potential, demand for these altcoin ETFs is expected to be limited compared to earlier bitcoin and ether products.
JPMorgan predicts up to 8 billion inflows for potential XRP ETF
JPMorgan forecasts that a spot-based XRP exchange-traded fund (ETF) could attract between $3 billion to $8 billion in investments, following the success of Bitcoin and Ethereum ETFs. With a favorable regulatory environment expected under the upcoming U.S. administration and a new SEC chair, several companies, including Bitwise and WisdomTree, are already seeking approval for XRP ETFs. The approval process is anticipated to accelerate, potentially leading to significant market interest in XRP.
jp morgan predicts significant inflows for potential xrp and solana etfs
JP Morgan estimates that approved XRP and Solana ETFs could attract between $3 billion and $8 billion in investments, significantly impacting their market caps and prices. For XRP, a 3% inflow could raise its market cap to $150.8 billion, while a 6% inflow might elevate it to $154.9 billion. Solana could see its market cap increase to $93.2 billion with a 3% inflow and to $95.7 billion with a 6% inflow. The SEC is expected to make initial decisions on various ETF applications by January 25, 2025, following a surge in interest after the success of Bitcoin ETFs.
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