Xrp Etf (NASDAQ:XRPI) Plans $0.01 Monthly Dividend

Xrp Etf (NASDAQ:XRPI) announced a monthly dividend on Tuesday, March 17th, NASDAQ Dividends reports. Investors of record on Wednesday, March 18th will be paid a dividend of 0.0135 per share on Thursday, March 19th. This represents a c) dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date is Wednesday, March 18th.

Xrp Etf Stock Down 5.3%

NASDAQ:XRPI traded down $0.46 during trading hours on Wednesday, hitting $8.26. The stock had a trading volume of 476,752 shares, compared to its average volume of 515,227. The business’s 50 day moving average is $9.33 and its 200-day moving average is $12.65. Xrp Etf has a one year low of $6.50 and a one year high of $23.53.

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.