Xrp Etf (NASDAQ:XRPI) Raises Dividend to $0.01 Per Share

Xrp Etf (NASDAQ:XRPI) announced a dividend on Tuesday, September 22nd. Shareholders of record on Wednesday, September 23rd will be given a dividend of 0.0144 per share on Thursday, September 24th. The ex-dividend date of this dividend is Wednesday, September 23rd. This is a 20.0% increase from Xrp Etf’s previous dividend of $0.01.

Xrp Etf Stock Down 6.3%

Shares of NASDAQ:XRPI traded down $0.54 during trading on Wednesday, hitting $8.08. 416,525 shares of the company were exchanged, compared to its average volume of 303,009. The firm’s 50 day moving average price is $6.68 and its 200-day moving average price is $7.07. Xrp Etf has a 12-month low of $5.42 and a 12-month high of $18.77.

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.