Xrp Etf (NASDAQ:XRPI) to Issue $0.02 Monthly Dividend

Xrp Etf (NASDAQ:XRPI) announced a monthly dividend on Tuesday, February 17th, NASDAQ Dividends reports. Shareholders of record on Wednesday, February 18th will be given a dividend of 0.0163 per share on Thursday, February 19th. This represents a c) annualized dividend and a dividend yield of 2.4%. The ex-dividend date of this dividend is Wednesday, February 18th.

Xrp Etf Stock Performance

Shares of NASDAQ XRPI traded down $0.41 during midday trading on Wednesday, reaching $8.10. 294,145 shares of the stock were exchanged, compared to its average volume of 603,910. The stock has a 50 day moving average price of $10.62 and a 200-day moving average price of $14.20. Xrp Etf has a 52-week low of $6.50 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.