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

Xrp Etf (NASDAQ:XRPI) announced a monthly dividend on Tuesday, August 18th, NASDAQ Dividends reports. Stockholders of record on Wednesday, August 19th will be paid a dividend of 0.01 per share on Thursday, August 20th. This represents a c) annualized dividend and a dividend yield of 2.1%. The ex-dividend date of this dividend is Wednesday, August 19th.

Xrp Etf Stock Performance

Shares of NASDAQ XRPI traded up $0.36 during midday trading on Wednesday, reaching $5.83. 310,500 shares of the company were exchanged, compared to its average volume of 282,685. Xrp Etf has a 1 year low of $5.42 and a 1 year high of $19.37. The stock has a fifty day simple moving average of $5.98 and a 200 day simple moving average of $7.20.

About Xrp Etf

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.