Arrington Capital, a digital asset management firm, has submitted a filing with the U.S. Securities and Exchange Commission (SEC) for an XRP-based hedge fund. The firm’s decision indicates a positive outlook for the Ripple-SEC case. While details about the fund are limited, this move suggests that Arrington Capital is optimistic about the potential outcome and sees an opportunity in creating a hedge fund focused on XRP. Alongside this, the firm has established funds centered around the Algorand and Moonbeam ecosystems, as well as a diverse portfolio of over eighty investments across various protocols.

AI Sentiment: Positive