Xrp Etf Declares Monthly Dividend of $0.01 (NASDAQ:XRPI)

Xrp Etf (NASDAQ:XRPI) announced a monthly dividend on Tuesday, June 16th, NASDAQ Dividends reports. Stockholders of record on Wednesday, June 17th will be given a dividend of 0.0117 per share on Thursday, June 18th. This represents a c) annualized dividend and a dividend yield of 2.1%. The ex-dividend date of this dividend is Wednesday, June 17th.

Xrp Etf Trading Down 3.3%

Shares of XRPI stock traded down $0.22 during mid-day trading on Wednesday, hitting $6.54. 109,716 shares of the stock were exchanged, compared to its average volume of 338,259. The firm has a fifty day moving average of $7.51 and a 200 day moving average of $9.01. Xrp Etf has a 52-week low of $5.93 and a 52-week high of $23.53.

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.