2x XRP ETF (NASDAQ:XRPT) Declares Monthly Dividend of $0.03

2x XRP ETF (NASDAQ:XRPT) declared a monthly dividend on Tuesday, August 18th, NASDAQ Dividends reports. Investors of record on Wednesday, August 19th will be paid a dividend of 0.0252 per share on Thursday, August 20th. This represents a c) dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date of this dividend is Wednesday, August 19th.

2x XRP ETF Stock Performance

XRPT traded up $2.52 during trading on Wednesday, hitting $21.89. 314,922 shares of the company traded hands, compared to its average volume of 176,475. The stock’s 50-day simple moving average is $23.55 and its two-hundred day simple moving average is $37.14. 2x XRP ETF has a 1 year low of $18.96 and a 1 year high of $400.40.

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.