Xrp Etf Announces Monthly Dividend of $0.01 (NASDAQ:XRPI)

Xrp Etf (NASDAQ:XRPI) announced a monthly dividend on Tuesday, June 16th, NASDAQ Dividends reports. Investors of record on Wednesday, June 17th will be paid a dividend of 0.0117 per share on Thursday, June 18th. This represents a c) annualized dividend and a dividend yield of 2.1%. The ex-dividend date is Wednesday, June 17th.

Xrp Etf Stock Down 3.3%

Shares of NASDAQ XRPI traded down $0.22 during midday trading on Wednesday, hitting $6.54. The company had a trading volume of 109,716 shares, compared to its average volume of 338,259. Xrp Etf has a twelve month low of $5.93 and a twelve month high of $23.53. The business has a 50-day simple moving average of $7.51 and a two-hundred day simple moving average of $9.01.

Xrp Etf Company Profile

Volatility Shares Trust – XRP ETF is a multi-asset mutual fund launched by and managed by Volatility Shares LLC. The fund seeks to invest in various financial instruments like currency and fixed income instruments. For its fixed income portion, it primarily invests in cash, cash-like instruments or high-quality securities. For its currency portion, it invests through derivatives in XRP. The fund uses derivatives such as futures and swaps to create its portfolio. It seeks to invest in XRP futures through a wholly-owned Cayman Islands subsidiary.