TechFlow News, January 15 — According to DL News, in an investor report released on January 13, JPMorgan analysts stated that aside from Bitcoin and Ethereum, interest in new cryptocurrency ETF products remains limited—despite expectations that Trump will remove regulatory barriers. "We believe investor interest or demand is insufficient for these potential altcoin ETP launches to have a meaningful impact on the cryptocurrency ecosystem."
The report estimates that a Solana ETF could attract inflows between $3 billion and $6 billion, while an XRP ETF might draw up to $8 billion. However, current market demand for Solana and XRP products remains low, with Grayscale's Solana Trust valued at just $99 million and its XRP Trust only $12 million. JPMorgan attributes this phenomenon to the short-term focus of crypto investors, noting that "aside from a few major tokens, the crypto market cycle is primarily driven by shifting investor sentiment and short-lived enthusiasm for newly popular coins."
