Xrp Etf (NASDAQ:XRPI) Shares Up 2.3% – Here’s What Happened

Shares of Xrp Etf (NASDAQ:XRPIGet Free Report) shot up 2.3% on Tuesday . The company traded as high as $18.74 and last traded at $18.71. 494,236 shares were traded during mid-day trading, a decline of 3% from the average session volume of 511,802 shares. The stock had previously closed at $18.29.

Xrp Etf Stock Up 2.3%

The firm’s fifty day moving average is $19.02.

Xrp Etf Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, August 28th. Investors of record on Wednesday, August 27th were issued a dividend of $0.0328 per share. This represents a c) dividend on an annualized basis and a yield of 2.1%. This is an increase from Xrp Etf’s previous monthly dividend of $0.01. The ex-dividend date was Wednesday, August 27th.

About Xrp Etf

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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.

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