JPMorgan says Solana ETFs will struggle, forecasting under $1.5B in first-year inflows
JPMorgan analysts, led by Nikolaos Panigirtzoglou, have burst the bubble of the highly anticipated Spot Solana ETFs. According to them, the ETFs will attract far lower inflows than spot Bitcoin or Ethereum ETFs. JP Morgan predicts that Solana ETFs will see about $1.5 billion in first-year inflows. That estimate is based on early flows into [...]