TechCrunch Founder Michael Arrington starting a $100 Million Ripple Hedge Fund that only accepts XRP This was announced today and the name of the Hedge Fund is Arrington XRP Capital and is a cyrptocurrency investment fund. The fund claims to be the first that will require all limited partners (LPs) to make investments in XRP. Joining Arrington in the fund will be Heather Harde, a former CEO of TechCrunch, as well as two other unnamed partners. Arrington said that the fund has $50 million committed to date, with an eye to close it before the year’s end. What does this mean for XRP?
-More institutional money involved in XRP.
-More usage of XRP for trading and investing etc.
-More trust in XRP
-Expect this to contribute to the increase in XRP price long term

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Disclaimer – Thinking Crypto and Tony Edward are not financial or investment experts. You should do your own research on each cryptocurrency and make your own conclusions and decisions for investment. Invest at your own risk, only invest what you are willing to lose. This channel and its videos are just for educational purposes and NOT investment or financial advice.