Xrp Etf (NASDAQ:XRPI) Declares $0.02 Monthly Dividend

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

Xrp Etf Stock Performance

Shares of XRPI traded down $0.41 during trading hours on Wednesday, reaching $8.10. The company had a trading volume of 294,145 shares, compared to its average volume of 603,910. Xrp Etf has a 12-month low of $6.50 and a 12-month high of $23.53. The firm has a 50 day simple moving average of $10.62 and a 200-day simple moving average of $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.