Bitcoin ETF Inflows Boost Crypto Demand as Remittix Sets RTX Presale Price
Bitcoin ETF inflows are drawing attention to institutional demand as October begins. Meanwhile, Remittix has set a specific milestone with a $0.46 final presale tier for its RTX token, ahead of its planned debut on November 24. The project has also started issuing its first PayFi invitations, allowing early buyers to apply before the token hits exchanges.
Remittix has reported over $32 million raised toward a $36 million cap from more than 40,000 participants. The platform offers a wallet, live trading venue, and a crypto-to-bank payment route currently in testing. If these services attract repeat users, RTX could gain traction in a broader market, especially as Bitcoin ETF inflows continue to drive interest in crypto.
Bitcoin ETF inflows recorded positive aggregate flows on October 1 and 2, suggesting potential support for BTC prices and broader crypto sentiment. Bitcoin traded near $86,000 on October 5, with a return to $100,000 requiring roughly 16% upside. Smaller platforms like Remittix may offer different growth opportunities as new capital explores beyond the market leader.
The $0.46 presale tier is part of a later sale stage ahead of RTX's debut. Remittix has invited 1,000 existing holders to test initial EUR and USD PayFi options, which convert supported crypto into fiat delivered through compatible bank routes. The World Bank estimated global remittances at $856 billion in 2024, presenting a significant market opportunity for a successful payment app.
Remittix reports over 10,000 iOS wallet downloads and more than $50 million in cumulative trading volume. An upcoming Earn feature, offering up to 22% APY on eligible assets, may further engage wallet users. The platform aims to attract buyers interested in an operating ecosystem as it moves toward its final presale stage and launch date.