Amplify XRP 3% Monthly Option Income ETF Sets $0.25140 Distribution

Amplify ETFs declared a $0.25140-per-share October distribution for its Amplify XRP 3% Monthly Option Income ETF (XRPM), 19.3% below September’s payout and payable Friday, Oct. 30. The announcement came at 7 a.m. ET (11 a.m. UTC) Thursday, Oct. 29. The fund set Oct. 29 as both its ex-dividend date and record date. Eligible shareholders must be registered on the record date to receive the distribution. October’s payout is $0.06000 per share below September’s $0.31140 distribution. The October amount is a calculated 19.3% decrease from September. XRPM uses XRP-linked exchange-traded products, futures and options to seek returns tied to XRP’s price.