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

2x XRP ETF (NASDAQ:XRPT) declared a dividend on Tuesday, July 21st, NASDAQ Dividends reports. Stockholders of record on Wednesday, July 22nd will be given a dividend of 0.0272 per share on Thursday, July 23rd. The ex-dividend date of this dividend is Wednesday, July 22nd.

2x XRP ETF Stock Down 3.6%

Shares of NASDAQ XRPT traded down $0.94 during trading on Wednesday, hitting $25.48. 85,739 shares of the company were exchanged, compared to its average volume of 183,278. The company has a fifty day moving average price of $29.62 and a 200-day moving average price of $50.85. 2x XRP ETF has a 12-month low of $20.67 and a 12-month high of $533.60.

2x XRP ETF Company Profile

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.