2x XRP ETF (NASDAQ:XRPT) Plans Dividend of $0.03

2x XRP ETF (NASDAQ:XRPT) announced a dividend on Tuesday, July 21st, NASDAQ Dividends reports. Investors of record on Wednesday, July 22nd will be paid a dividend of 0.0272 per share on Thursday, July 23rd. The ex-dividend date of this dividend is Wednesday, July 22nd.

2x XRP ETF Stock Down 3.6%

XRPT stock traded down $0.94 during mid-day trading on Wednesday, reaching $25.48. The company’s stock had a trading volume of 85,739 shares, compared to its average volume of 183,278. 2x XRP ETF has a fifty-two week low of $20.67 and a fifty-two week high of $533.60. The company’s 50 day moving average is $29.62 and its two-hundred day moving average is $50.85.

About 2x XRP ETF

Volatility Shares Trust – 2x XRP ETF is an exchange traded fund launched and managed by Volatility Shares LLC. The fund seeks to invest in various financial 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.