XRP Bull Market May Be Just Getting Started, Says Bitwise Head of Research
Bitwise Head of Research Ryan Rasmussen believes that the current crypto cycle is potentially 'just getting started'. He pointed to strong ETF flows and capital moving across several parts of the digital asset market as evidence. According to Rasmussen, significant ETF inflows have entered the crypto market, extending beyond Bitcoin and Ethereum to include assets such as Hyperliquid and XRP.
Rasmussen specifically mentioned XRP while discussing capital distribution in the cryptocurrency sector. His comments suggest that institutional and investment-product demand is no longer concentrated solely on the largest cryptocurrencies.
Digital Asset Investor interpreted Rasmussen's comments, stating that 'the XRP bull market is just getting started'. This conclusion emphasizes XRP's inclusion in Rasmussen's discussion of ETF flows, grouping it with other cryptocurrencies that are attracting capital through investment products.