Xrp Etf to Issue Monthly Dividend of $0.02 (NASDAQ:XRPI)

Xrp Etf (NASDAQ:XRPI) announced a monthly dividend on Tuesday, February 17th, NASDAQ Dividends reports. Shareholders of record on Wednesday, February 18th will be paid a dividend of 0.0163 per share on Thursday, February 19th. This represents a c) dividend on an annualized basis and a yield of 2.4%. The ex-dividend date of this dividend is Wednesday, February 18th.

Xrp Etf Price Performance

XRPI traded down $0.41 during trading on Wednesday, hitting $8.10. The company’s stock had a trading volume of 294,145 shares, compared to its average volume of 603,910. Xrp Etf has a twelve month low of $6.50 and a twelve month high of $23.53. The stock’s fifty day moving average price is $10.62 and its 200-day moving average price is $14.20.

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.