2x XRP ETF to Issue Monthly Dividend of $0.03 (NASDAQ:XRPT)

2x XRP ETF (NASDAQ:XRPT – Get Free Report) declared a monthly dividend on Tuesday, August 18th, NASDAQ Dividends reports. Investors of record on Wednesday, August 19th will be paid a dividend of 0.0252 per share on Thursday, August 20th. This represents a c) annualized dividend and a yield of 1.4%. The ex-dividend date is Wednesday, August 19th.

2x XRP ETF Trading Up 13.0%

XRPT stock traded up $2.52 during trading on Wednesday, reaching $21.89. The company’s stock had a trading volume of 314,922 shares, compared to its average volume of 176,475. 2x XRP ETF has a 1 year low of $18.96 and a 1 year high of $400.40. The company’s fifty day moving average is $23.55 and its 200-day moving average is $37.14.

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About 2x XRP ETF

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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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