JPMorgan launched the Solana ETF in the U.S. market. Yet the early report reveals that JPMorgan does not expect the Solana ETF to see the same growth as Bitcoin and Ethereum ETFs.
More cryptocurrency ETFs are entering the U.S. markets. While Bitcoin and Ethereum ETFs attracted massive investors and stakeholders, it is a challenge in front of upcoming ETFs to see the same success.
There is more that you must know!
There are 4,300 exchange-traded funds (ETFs) in the U.S. market. The United States market has $5 billion in inflows in crypto ETFs.
After the success of Bitcoin and Ethereum ETFs, a long list of crypto ETFs is about to launch in the U.S. markets.
In October 2025, 11 crypto ETFs launched in the United States.
Some of the popular ETFs in the United States are:
- WisdomTree Quantum Computing Fund (WQTM)
- Amplify Ethereum Income ETFs (ETTY, EHY)
- Roundhill Meme Stock ETF (MEME)
- Calamos Bitcoin Protection ETFs (CBOO, CBXO, CBTO)
- CoinShares Altcoins ETF (DIME)
JPMorgan and Solana ETFs:
JPMorgan is a U.S. banking giant. It is also advocating and backing ETFs. In recent reports, JPMorgan clarified that Solana exchange-traded funds (ETFs) will see modest inflows.
It means that Solana ETFs will get $1.5 billion in the first year.
Bitcoin ETF has seen $100 billion in assets and $1.8 billion in inflows in one week. And Ethereum ETFs exceeded $16 billion in inflows.
The tremendous growth of Ethereum and Bitcoin ETFs attracted other coins to join the market.
The Solana ETF is the most popular one.
While the Solana ETF is making its way to U.S. markets, JPMorgan advised investors that it will not see tremendous inflows.
Reasons Why Solana ETF Get Fewer Inflows than Bitcoin and Ethereum ETFs:
There are many reasons why JPMorgan believes that the Solana ETF will only see modest inflows.
Here are the reasons why:
Popularity:
Bitcoin and Ethereum are way more popular and widely accepted by the majority of crypto investors.
Even the newbie crypto trader does not perceive Solana the same way as Ethereum and Bitcoin. This could lead to investor fatigue.
Investor Fatigue:
Multiple crypto ETFs are coming to the U.S. market. This could lead to investor fatigue.
Competitive Allocations:
The role of diversified crypto index funds and corporate crypto treasuries will also work against the rise of Solana ETFs. Investors will choose other options than investing too much in Solana.
Network:
High prevalence of meme coins and declining on-chain activity will also work against Solana. It will have a significant role in diverting investors to other options.
Regulations:
Solana has a history of criticism by security experts. Many investors believe in it as a secure investment but not as much as they believe in Bitcoin and Ethereum.
Why Investors Choose Bitcoin ETF and Ethereum ETF over Solana ETF?
There are many reasons, but the major one can be their performance in the U.S. markets.
Bitcoin and Ethereum ETFs outperformed until September 2025. The surge in both ETFs has built trust among investors that will prevent them from choosing Solana ETFs.
Bitcoin and Ethereum ETFs Performance in the U.S. Markets:
Bitcoin ETF Performance:
Since October 2025, Bitcoin ETFs have seen a surge in the market. It gained the second-best inflow since 2024.
Top Bitcoin ETFs Assets under Management:
- iShares Bitcoin Trust (IBIT): Blackrock’s ETF led to $100 billion in assets under management. It also gained $1.8 billion in inflows in just one week.
- Fidelity Wise Origin Bitcoin Fund (FBTC): It is the second largest fund that has seen billions of inflows in Bitcoin.
- Grayscale Bitcoin Trust (GBTC): It has seen massive inflows but also outflows on October 10, 2025.
Ethereum ETF Performance:
The Ethereum ETF launched in the summer of 2025. It has seen surge inflows in August 2025. In October 2025, the Ethereum ETF also faced outflow.
Top Ethereum ETF Assets under Management:
- iShares Ethereum Trust (ETHA): BlackRock’s Ethereum ETF has massive assets under management worth $16 billion.
- Grayscale Ethereum Trust (ETHE): It holds billions of dollars’ worth of assets.
- Fidelity Ethereum Fund (FETH): It holds billions in assets. It is facing outflow in October.
Immediate Effect of JPMorgan Advice on Solana ETFs:
JPMorgan's advice about Solana ETFs' modest inflows and other cryptocurrencies has made a negative impact on its stock price.
Solana launched at the price of $5 on December 28, 2022. It reached its highest price at $295 on January 18, 2025.
- After JPMorgan’s advice, Solana’s price fell to $185.67. Within 24 hours the price changed by -1.60%.
- In the second week, the Solana price declined by -20.17%.
The new Solana ETF will give some hope to the Solana market, as the price has fallen since January 2025.
Should I Invest in Solana ETFs?
Solana ETFs' role is to work on the price of Solana coin.
Here are the benefits and risks associated with Solana ETFs:
Benefits:
- Easy to access: You need not directly buy, manage, or store Solana using crypto wallets or exchanges.
- Regulations: ETFs are under regulations. They have more security and oversight than unregulated cryptos.
- Rewards: Solana ETFs will offer rewards to its stakeholders.
- Liquidity: It works on the liquidity factor. You can easily buy or sell Solana ETFs.
Risks:
- Volatility: Like other cryptocurrencies, Solana’s price is volatile.
- Uncertainty: Classifying Solana as a security can cause potential risks.
- Errors: Tracking errors caused by multiple factors like cost, management fees, and derivatives create risks.
- Low Inflows: As JPMorgan predicts, the low inflow will impact the price of Solana ETFs.
Conclusion:
Currently Solana (SOC) is facing a downward trend. The Solana ETF will also work on similar factors. If the Solana price drops, then the ETF price will also brace the impact.
Other ETFs, like Bitcoin and Ethereum, are taking maximum investments. The upcoming cryptocurrencies will also decrease the market share for Solana.
You cannot just invest in a crypto based on past performance. It is a must to do some research and analyze the market growth and potential of the coin and ETF before making an investment.
Other helpful articles:
- Why Solana Matters?
- 80,000 Bitcoin Worth $8.6B Transferred within 24 hours
- Advantages and Disadvantages of Investing in Ethereum
