XRP spot trading volume plunged by $1.943 billion between August 26 and October 11, falling from $2.597 billion to $654 million across centralized exchanges. On Binance, the seven-day average spot volume dropped from $597 million to $168 million. The spot-to-futures volume ratio fell from 31% on September 26 to just 12.7% on October 11, with futures now representing 7.9 times spot volume. XRP currently trades around $1.40, having been below $0.99 when this ratio previously hit its low. Meanwhile, US-listed XRP ETFs continued attracting capital with $11.31 million in net inflows last week, pushing cumulative net inflows to a record $1.8 billion.
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