JPMorgan Chase: Even if the new Altcoin ETF is approved, its impact will be limited

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ODAILY
01-15
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According to the Odaily Planet Daily report, JPMorgan analysts wrote in an investor report on January 13 that, apart from Bitcoin and Ethereum, there is limited interest in new ETFs, although it is expected that Trump will clear regulatory hurdles. The institution believes that investor interest or demand is insufficient for the launch of these future Altcoin ETPs to have an impact on the cryptocurrency ecosystem. The bank expects $3 billion to $6 billion to flow into a Solana ETF, while Ripple's XRP could attract up to $8 billion in funding. (DL News)

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