XRPM seeks exposure to the price return of XRP while generating income through covered call strategy on XRP ETPs. The actively managed fund targets annualized option premiums of 36% and aims to pay distributions monthly.
The Amplify XRP 3% Monthly Option Income ETF (XRPM) ETF price today is $14.05. The ETF currently has a market capitalization of $8.85M, with a daily trading volume of $20.58K shares.
For investors analyzing ETF performance, Amplify XRP 3% Monthly Option Income ETF has traded within a daily range of $14.05 - $14.05, with the previous close at $14.13. This data provides insight into recent price fluctuations and liquidity.
Ready to get started? Follow the steps below, or read our guide on how to buy Amplify XRP 3% Monthly Option Income ETF stock on Kraken starting from $10.
Create an account
Open the Kraken app to confirm your eligibility and follow the steps for account verification.
Deposit funds
Once your account has been verified and stock trading is unlocked, you can deposit funds into your account using your preferred payment method.
Buy XRPM
Search for XRPM in the Kraken app, enter the amount you want to invest, review the important details and tap Confirm to place an order to buy XRPM.
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Currently available in the U.S. only; may not be available in all states. Brokerage services are provided by Kraken Securities LLC, member FINRA/SIPC. Please view the firm’s profile, registration and background of our registered reps on https://brokercheck.finra.org/. Digital asset services offered by Payward Interactive, not a member of FINRA/ SIPC and not FDIC insured. This is not an offer, solicitation, inducement or advice to buy or sell securities, or open a brokerage account in any jurisdiction where Kraken Securities is not registered. All trading involves risk, including loss of your investments. View full disclosures at: Equities Disclosures and Crypto Risk Disclosures.
*Other applicable fees may apply.
