JPMorgan has projected that XRP and SOL exchange-traded funds (ETFs) could see inflows totaling $14 billion, sparking a debate within the XRP community. The discussion, based on a document from analyst Chad Steingraber, suggests that 17.28 billion XRP could be consumed annually if 12 funds each acquire 6 million XRP daily. This has raised concerns about potential supply pressure, as highlighted by community commentator Diana, who questioned whether the market has sufficient freely floating XRP to meet such demand.
The debate also touches on the broader implications of JPMorgan's acknowledgment of crypto ETFs, which may indicate a shift in institutional sentiment towards cryptocurrencies. This development could have significant impacts on the market dynamics for XRP and SOL, as well as the overall perception of crypto assets by major financial institutions.
JPMorgan Forecasts $14 Billion Inflows for XRP and SOL ETFs
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