2x XRP ETF (NASDAQ:XRPT) Declares $0.02 Monthly Dividend

2x XRP ETF (NASDAQ:XRPT – Get Free Report) announced a monthly dividend on Tuesday, September 22nd. Stockholders of record on Wednesday, September 23rd will be given a dividend of 0.0222 per share on Thursday, September 24th. This represents a c) dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date is Wednesday, September 23rd.

2x XRP ETF Stock Performance

Shares of XRPT stock traded down $5.28 during midday trading on Wednesday, hitting $38.26. 686,038 shares of the company were exchanged, compared to its average volume of 220,661. The firm’s 50 day moving average price is $28.46 and its two-hundred day moving average price is $34.04. 2x XRP ETF has a 52 week low of $18.96 and a 52 week high of $362.50.

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2x XRP ETF Company Profile

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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.

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