PANews reported on October 9th, according to CoinDesk, that a JPMorgan Chase (JPM) report released Wednesday stated that even if the Solana spot ETF is approved this week, it is unlikely to attract significant investor capital inflows; the Solana ETF's first-year inflows could be approximately $1.5 billion, roughly one-seventh of the Ethereum ETF's inflows. This figure could be lower due to declining on-chain activity, active memecoin trading, investor fatigue with multiple product launches, and competition with diversified cryptocurrency indices such as the S&P Dow Jones Indices Digital Markets 50. Corporate funds may also shift demand away from spot ETFs. The report also noted that open interest in CME Solana futures indicated weak demand. However, due to existing CME futures contracts and the launch of the first Solana ETF in July, the market generally expected its application to be approved, but this expectation has already been reflected in pricing.PANews reported on October 9th, according to CoinDesk, that a JPMorgan Chase (JPM) report released Wednesday stated that even if the Solana spot ETF is approved this week, it is unlikely to attract significant investor capital inflows; the Solana ETF's first-year inflows could be approximately $1.5 billion, roughly one-seventh of the Ethereum ETF's inflows. This figure could be lower due to declining on-chain activity, active memecoin trading, investor fatigue with multiple product launches, and competition with diversified cryptocurrency indices such as the S&P Dow Jones Indices Digital Markets 50. Corporate funds may also shift demand away from spot ETFs. The report also noted that open interest in CME Solana futures indicated weak demand. However, due to existing CME futures contracts and the launch of the first Solana ETF in July, the market generally expected its application to be approved, but this expectation has already been reflected in pricing.