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

2x XRP ETF (NASDAQ:XRPT) announced a monthly dividend on Tuesday, June 16th, NASDAQ Dividends reports. Stockholders of record on Wednesday, June 17th will be paid a dividend of 0.0326 per share on Thursday, June 18th. This represents a c) annualized dividend and a dividend yield of 1.4%. The ex-dividend date is Wednesday, June 17th.

2x XRP ETF Stock Performance

Shares of XRPT traded down $2.02 during midday trading on Wednesday, hitting $28.26. 128,242 shares of the company’s stock traded hands, compared to its average volume of 198,748. 2x XRP ETF has a 1 year low of $23.75 and a 1 year high of $618.52. The firm’s fifty day moving average is $39.13 and its 200-day moving average is $67.43.

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.