Xrp Etf (NASDAQ:XRPI) Raises Dividend to $0.01 Per Share

Xrp Etf (NASDAQ:XRPI) declared a dividend on Tuesday, September 22nd. Investors of record on Wednesday, September 23rd will be given a dividend of 0.0144 per share on Thursday, September 24th. The ex-dividend date is Wednesday, September 23rd. This is a 20.0% increase from Xrp Etf’s previous dividend of $0.01.

Xrp Etf Stock Performance

XRPI stock traded down $0.54 during midday trading on Wednesday, hitting $8.08. 416,525 shares of the stock were exchanged, compared to its average volume of 303,009. The stock’s 50-day moving average price is $6.68 and its 200-day moving average price is $7.07. Xrp Etf has a fifty-two week low of $5.42 and a fifty-two week high of $18.77.

Xrp Etf Company Profile

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.