2x XRP ETF (NASDAQ:XRPT) to Issue Monthly Dividend of $0.01

2x XRP ETF (NASDAQ:XRPT) announced a monthly dividend on Tuesday, January 20th, NASDAQ Dividends reports. Shareholders of record on Wednesday, January 21st will be paid a dividend of 0.0052 per share on Thursday, January 22nd. This represents a c) annualized dividend and a yield of 1.1%. The ex-dividend date is Wednesday, January 21st.

2x XRP ETF Price Performance

XRPT stock traded up $0.36 during midday trading on Wednesday, reaching $5.45. The company had a trading volume of 4,330,773 shares, compared to its average volume of 4,035,085. The firm has a 50-day moving average price of $6.39 and a 200-day moving average price of $13.08. 2x XRP ETF has a 1 year low of $4.82 and a 1 year high of $30.93.

Institutional Investors Weigh In On 2x XRP ETF

An institutional investor recently bought a new position in 2x XRP ETF stock. Flow Traders U.S. LLC purchased a new position in shares of 2x XRP ETF (NASDAQ:XRPT) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund 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 as of its most recent SEC filing.

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.