Xrp Etf (NASDAQ:XRPI) Plans Dividend Increase – $0.02 Per Share

Xrp Etf (NASDAQ:XRPI) declared a monthly dividend on Tuesday, April 21st, NASDAQ Dividends reports. Investors of record on Wednesday, April 22nd will be paid a dividend of 0.0152 per share on Thursday, April 23rd. This represents a c) annualized dividend and a dividend yield of 2.3%. The ex-dividend date of this dividend is Wednesday, April 22nd. This is a 12.6% increase from Xrp Etf’s previous monthly dividend of $0.01.

Xrp Etf Stock Performance

Shares of XRPI traded up $0.12 on Wednesday, hitting $8.09. 168,812 shares of the stock traded hands, compared to its average volume of 413,058. The stock’s 50 day moving average is $7.91 and its two-hundred day moving average is $10.87. Xrp Etf has a 1 year low of $6.50 and a 1 year high of $23.53.

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.