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jpmorgan predicts significant inflows for xrp and solana etfs by 2025
JPMorgan projects that XRP and Solana ETFs could attract a combined $15 billion in their first year if approved, with XRP potentially raising $8.4 billion and reaching a price of $2.69, while Solana could see $5.2 billion and a price of $197.7. The SEC is expected to decide on these ETF applications by 2025, which could significantly enhance market liquidity and accessibility for digital assets.
jpmorgan forecasts 14 billion inflows for solana and xrp etfs by 2025
JPMorgan analysts predict that XRP and Solana ETFs could attract up to $14 billion in inflows by 2025, with XRP potentially generating $6 to $8 billion and Solana $3 to $6 billion within the first year of approval. Despite the current lack of ETFs, strong institutional interest and a favorable regulatory environment are expected to drive future approvals. The optimism is bolstered by political changes, including the appointment of a pro-industry SEC Chair.
Ripple unveils new logo for XRP Army emphasizing strength and unity
The XRP Army has unveiled a new logo designed by Eddie Lobanovskiy, the original creator of the XRP emblem, symbolizing courage and strength. This update reflects the community's spirit and determination amid ongoing legal challenges with the SEC, as Ripple also prepares to launch its stablecoin, RLUSD. XRP is currently trading at $2.41, with a slight decrease in value.
SBI urged to initiate XRP buyback program to enhance shareholder value
GAM Investments has urged SBI Holdings to implement an XRP buyback program to unlock shareholder value, citing a significant gap between the company's market value and its crypto assets, particularly its indirect holdings in Ripple, valued at over JPY 1.6 trillion. The proposal includes increasing transparency through daily XRP valuations and regular updates on net asset value. By adopting this strategy, similar to MicroStrategy's Bitcoin accumulation, GAM believes SBI could enhance its market capitalization, which currently stands at JPY 1.2 trillion.
crypto investment products see record inflows led by bitcoin and ethereum
Crypto investment products experienced a remarkable $3.23 billion in inflows last week, marking the 10th consecutive week of positive growth, with Bitcoin leading at $2 billion. Ethereum and XRP also saw significant interest, attracting $1.09 billion and $145 million, respectively, amid anticipation for U.S.-listed ETFs. The total year-to-date inflows have reached $44.5 billion, with the U.S. contributing $3.13 billion, primarily into Bitcoin-linked ETFs.
XRP demand expected to rise with launch of RLUSD stablecoin in 2025
The upcoming RLUSD stablecoin is expected to drive demand for XRP, particularly in emerging economies where stablecoins are popular for transactions. As transactions settle on the XRP Ledger, XRP holders will benefit from transaction fees, which involve burning XRP. Following a historic rally in late 2024, XRP's market cap is nearing that of Tether, with significant catalysts like Donald Trump's election and multiple XRP ETF applications sustaining investor interest. The New York Department of Financial Services approved Ripple's RLUSD stablecoin, which will be overcollateralized and redeemable at a 1:1 ratio with US dollars.
bitcoin and ethereum etfs see significant inflows continuing strong momentum
U.S. spot bitcoin and ethereum ETFs continued their strong inflow momentum, attracting $597.57 million and $273.67 million, respectively. Blackrock's IBTC led bitcoin inflows with $431.60 million, while Blackrock's ETHA topped ethereum inflows at $202.31 million. Total net inflows for bitcoin ETFs reached $35.17 billion, while ethereum ETFs accumulated $2.24 billion, managing $13.63 billion in assets.
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