2x XRP ETF (NASDAQ:XRPT) Trading Up 8.6% – Time to Buy?

2x XRP ETF (NASDAQ:XRPTGet Free Report) traded up 8.6% on Monday . The company traded as high as $46.64 and last traded at $46.40. 55,744 shares traded hands during trading, a decline of 82% from the average session volume of 311,361 shares. The stock had previously closed at $42.72.

2x XRP ETF Trading Up 7.1%

The company has a fifty day moving average of $5.18 and a two-hundred day moving average of $9.82.

2x XRP ETF Dividend Announcement

The firm also recently declared a dividend, which was paid on Thursday, February 19th. Stockholders of record on Wednesday, February 18th were issued a dividend of $0.078 per share. The ex-dividend date was Wednesday, February 18th.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in 2x XRP ETF stock. Flow Traders U.S. LLC purchased a new stake in shares of 2x XRP ETF (NASDAQ:XRPTFree Report) during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 172,923 shares of the company’s stock, valued at approximately $2,269,000. Flow Traders U.S. LLC owned about 3.87% of 2x XRP ETF at the end of the most recent quarter.

2x XRP ETF Company Profile

(Get Free Report)

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.

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