Xrp Etf (XRPI) to Issue Monthly Dividend of $0.03 on January 22nd

Xrp Etf (NASDAQ:XRPI) declared a monthly dividend on Tuesday, January 20th, NASDAQ Dividends reports. Investors of record on Wednesday, January 21st will be given a dividend of 0.0263 per share on Thursday, January 22nd. This represents a c) dividend on an annualized basis and a yield of 2.8%. The ex-dividend date is Wednesday, January 21st. This is a 78.9% increase from Xrp Etf’s previous monthly dividend of $0.01.

Xrp Etf Trading Up 3.7%

Shares of Xrp Etf stock opened at $11.38 on Thursday. Xrp Etf has a fifty-two week low of $10.44 and a fifty-two week high of $23.53. The stock has a 50 day moving average of $11.90 and a 200 day moving average of $15.56.

Institutional Trading of Xrp Etf

An institutional investor recently bought a new stake in Xrp Etf stock. Flow Traders U.S. LLC bought a new position in shares of Xrp Etf (NASDAQ:XRPI) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 111,941 shares of the company’s stock, valued at approximately $1,934,000. Flow Traders U.S. LLC owned 0.84% of Xrp Etf at the end of the most recent reporting period.

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.