The fund seeks to participate in the price return of XRP ("XRP Price") and to generate a high level of annualized option premium by selling options on U.S.-regulated ETFs that provide exposure to XRP ("XRP ETPs"). The fund will seek to vary its option selling each week to a level sufficient to generate 36% annualized option premium (the "Target Option Premium"), based upon the NAV of the fund each time the fund sells the weekly options contracts. The fund is non-diversified.
Frequently asked questions
What sector does Amplify XRP 3% Monthly Premium Income ETF (XRPM) operate in?
Amplify XRP 3% Monthly Premium Income ETF belongs to the Other sector.
What is Amplify XRP 3% Monthly Premium Income ETF (XRPM) current stock price?
As of the latest data, Amplify XRP 3% Monthly Premium Income ETF stock price is $11.36, with a previous close of $11.02. Amplify XRP 3% Monthly Premium Income ETF gained $0.34 in the last trading session, representing a 3.09% increase.
Does Amplify XRP 3% Monthly Premium Income ETF (XRPM) pay dividends?
Yes. Amplify XRP 3% Monthly Premium Income ETF pays monthly dividends with an annualized yield of 33.53% and an estimated annual payout of $3.81 per share.
When is the next ex-dividend date for Amplify XRP 3% Monthly Premium Income ETF (XRPM)?
The next ex-dividend date is scheduled for August 28, 2026.
What is Amplify XRP 3% Monthly Premium Income ETF (XRPM) beta (volatility) score?
Amplify XRP 3% Monthly Premium Income ETF has a beta of 0.000, indicating lower volatility than the overall market.