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

Xrp Etf (NASDAQ:XRPI) declared a monthly dividend on Tuesday, May 19th, NASDAQ Dividends reports. Investors of record on Wednesday, May 20th will be paid a dividend of 0.0135 per share on Thursday, May 21st. This represents a c) annualized dividend and a yield of 2.1%. The ex-dividend date of this dividend is Wednesday, May 20th.

Xrp Etf Price Performance

NASDAQ:XRPI traded up $0.06 during mid-day trading on Wednesday, hitting $7.63. 95,155 shares of the stock traded hands, compared to its average volume of 366,860. The business’s 50-day moving average price is $7.89 and its 200 day moving average price is $9.91. Xrp Etf has a 12-month low of $6.50 and a 12-month 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.