XRP Futures Volume Hits Six-Month High as ETF Inflow Streak Extends to Eight Weeks

XRP futures trading volume reached its highest level since February in August, with total volume across Binance, Bybit, and OKX alone hitting $64.6 billion for the month.

Binance led with roughly $37 billion, followed by Bybit at $14.54 billion and OKX at $12.88 billion.

However, high futures volume does not automatically signal a rally since elevated activity can reflect both long and short positioning, according to CryptoQuant.

XRP spot ETFs have now logged eight straight weeks of positive inflows, adding $18.96 million over the latest week, as per SoSoValue.