JPMorgan estimates that exchange-traded products (ETPs) for Solana and XRP could attract over $15 billion in net inflows, with potential inflows of $3-6 billion for Solana and $4-8 billion for XRP. Currently, Solana ETPs hold nearly $1.6 billion in assets, while XRP products have $910 million. However, the approval of ETFs for these assets in the US remains unlikely, with the SEC recently rejecting Solana ETFs and XRP still facing regulatory scrutiny. For more information, visit [Bloomberg](https://www.bloomberg.com).
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January 14, 2025 | 02:23James Seyffart
4 posts last weekJames Seyffart is a research analyst within Bloomberg Intelligence.
Bitcoin Price Volatility Amid ETF Optimism and Economic Uncertainty
XRP is experiencing increased demand amid optimism for upcoming spot ETF approvals, while Ethereum funds saw a significant outflow of $255 million last week. Bitcoin’s price dipped to $89,800, reflecting market adjustments to potential tighter monetary policy from the Federal Reserve. Despite macroeconomic challenges, XRP products attracted $41 million, indicating a positive outlook as Ripple executives engage with political leaders.
read moreSolana ETFs Face Approval Challenges Ahead of Upcoming Deadlines
The SEC’s deadline for approving four Solana ETFs is approaching, with experts predicting delays until the next deadline on March 11. Analysts believe that the lack of a regulated US futures market for Solana, unlike Bitcoin and Ethereum, will hinder approval, although expectations for a more favorable regulatory environment may emerge in 2025.
read moreRipple President Announces Imminent RLUSD Launch on Coinbase and XRP ETF Update
Ripple President Monica Long announced that the RLUSD stablecoin will launch on Coinbase “imminently,” following its introduction on several other platforms. She also indicated that XRP ETF approvals could occur soon under the new administration, despite potential delays due to ongoing SEC legal issues. Analysts predict XRP’s price could fluctuate significantly, with some forecasting a surge of up to 470% in the near term.
read moreSpot Bitcoin ETFs Achieve Top 20 Status with Significant Inflows in 2024
In 2024, spot Bitcoin ETFs IBIT and FBTC have entered the top 20 by yearly flows, capturing 4.3% of total inflows with $49 billion. BlackRock’s IBIT led with over $37 billion, while Fidelity’s FBTC followed with $11.8 billion, marking a significant achievement for these newly launched funds. Analysts predict continued growth in the ETF market, fueled by a pro-crypto political climate and potential new ETF approvals.
read moreXRP Price Surge Predicted Amid ETF Approval Hopes and Market Optimism
XRP has shown a remarkable 11% gain in 24 hours, pushing its 90-day increase to 358%, currently trading at $2.4. Analysts predict a potential surge to $16 if it mirrors Ethereum’s previous cycle performance, while the approval of a spot XRP ETF could serve as a significant catalyst, despite ongoing legal challenges regarding its securities status. Bloomberg analysts suggest that XRP’s ETF approval may be delayed until legal issues are resolved, with Ripple’s CTO highlighting the SEC’s confusing terminology around “investment contracts.”
read moreBlackRock’s Bitcoin ETF IBIT Achieves Record Growth in 2024
BlackRock’s iShares Bitcoin Trust (IBIT) has achieved unprecedented growth, amassing $52.4 billion in Bitcoin since its early 2024 launch, with $35.24 billion in net inflows. This rapid ascent marks IBIT as the fastest-growing ETF in history, surpassing the $50 billion milestone five times quicker than any other fund. As Bitcoin prices soar past $108,000, IBIT’s success reflects a significant shift in institutional interest and the mainstream acceptance of cryptocurrency in diversified investment strategies.
read moreCrypto ETFs Lead Fund Launches in 2024 with Record Bitcoin Inflows
Crypto ETFs have surged in popularity in 2024, with eight funds, including Bitcoin, Ethereum, and MicroStrategy ETFs, leading the pack among approximately 740 new launches. BlackRock’s spot Bitcoin ETF, IBIT, achieved record inflows of over $37 billion, while Fidelity’s FBTC followed with $12.2 billion. Analysts predict continued growth, estimating Bitcoin ETFs could attract $35 billion next year, with a favorable regulatory environment potentially paving the way for a Solana ETF by 2025.
read moreMicroStrategy Buys 5200 Bitcoin Amid Nasdaq 100 Inclusion and Stock Decline
MicroStrategy announced a $561 million Bitcoin purchase, acquiring 5,200 BTC, as its stock debuted in the Nasdaq-100 index. The firm now holds 444,262 BTC, valued at $42 billion, and has purchased a total of 192,000 BTC since November 11. Despite the milestone, MicroStrategy’s shares fell 6% following a dip in Bitcoin prices. For more details, visit [Bloomberg](https://www.bloomberg.com) and [SEC](https://www.sec.gov).
read moreHedera HBAR Gains Momentum with Institutional Support and New ETP Launch
Hedera (HBAR) is gaining institutional traction, bolstered by partnerships with tech giants NVIDIA and Intel, focusing on a hardware-based solution for AI compliance. The launch of the first physically-backed HBAR Exchange-Traded Product (ETP) on Euronext Amsterdam enhances accessibility for investors. With significant price growth and potential ETF approval, analysts predict HBAR could reach $3 by 2025, driven by increasing institutional interest and innovative developments.
read moreSEC Approves First Spot Bitcoin and Ethereum Combo ETFs in the US
The SEC has approved the first spot Bitcoin and Ethereum combo ETFs from Hashdex and Franklin Templeton, set to launch in January with an 80/20 allocation favoring Bitcoin. This marks a significant step in the U.S. crypto ETF market, which has seen substantial inflows, particularly in Bitcoin ETFs, attracting over $36 billion. Meanwhile, speculation grows around potential approvals for Solana and XRP ETFs, although they may come after Litecoin and Hedera due to regulatory considerations.
read moreAnticipated Launch of Litecoin ETFs Before XRP and Solana in 2025
Multiple new cryptocurrency exchange-traded funds (ETFs) are expected to launch in 2025, with a focus on Bitcoin and Ethereum combo funds leading the way. Analysts predict that a Litecoin ETF will likely debut before those for XRP and Solana, which face regulatory hurdles due to ongoing lawsuits. The SEC’s anticipated shift towards a more crypto-friendly stance could facilitate this process, especially for assets like Litecoin and Hedera Hashgraph, which have not been classified as securities.
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