Solana may be ready for a dramatic change in institutional acceptance, as analysts forecast that SOL Spot Exchange-Traded Funds (ETFs) could attract billions of dollars, akin to Bitcoin and Ethereum, once it is introduced.
After a thorough analysis, the experts stated that a whopping $5.52 billion in inflows might be recorded within the first year. It is important to note that the forecast for the fund aligns with some of the world’s top financial firms, such as JPMorgan, which predicted in January this year that SOL ETFs may see inflows ranging from $2.7 to $5.2 billion.
At launch, the platform claims that SOL ETFs will draw inflows of $2.9 billion, considering its current price level. Meanwhile, a $400 SOL could see ETF AUM rise to $11.6 billion within a year of debut under ideal market circumstances.
