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

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

Xrp Etf Price Performance

XRPI traded up $0.36 on Wednesday, hitting $5.83. The company had a trading volume of 310,500 shares, compared to its average volume of 282,685. The stock has a fifty day moving average price of $5.98 and a 200-day moving average price of $7.20. Xrp Etf has a 12-month low of $5.42 and a 12-month high of $19.37.

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.