XRP Bull Run Just Getting Started. Here’s What Bitwise Head of Research Says

Digital Asset Investor recently interpreted bullish comments from Bitwise Head of Research Ryan Rasmussen, explaining that XRP’s broader bull market may still be in its early stages.

The crypto commentator posted a video on X in which Rasmussen described the current crypto cycle as potentially “just getting started,” citing strong ETF flows and capital moving across several parts of the digital asset market.

In the video attached to the post, Rasmussen said he believes the market is at the beginning of its next bull market. Although he acknowledged that the “short screen” had acted as the market’s major accelerant, he appeared to be referring to a specific market event or trading dynamic.

Rasmussen then highlighted capital flows into crypto investment products as another important factor supporting his view. According to him, significant ETF flows have entered the crypto market, extending beyond Bitcoin and Ethereum to include assets such as Hyperliquid and XRP.

XRP Included Among Assets Receiving ETF Capital

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.