Bitcoin ETF Rally Meets Remittix PayFi Launch: Can Both Drive Crypto Growth?

A sharp reversal in Bitcoin ETF inflows has left many wondering if the rally can continue. Farside Investors recorded $102.7 million in net US spot Bitcoin ETF inflows on October 1, after a $148.7 million outflow the previous day. This rapid shift in institutional demand is sending shockwaves through the market.

Bitcoin's price has been steadily climbing, reaching near $86,000 in early October. The question on everyone's mind is whether this trend will continue and reach the coveted $100,000 mark. A 16% gain would be a significant milestone for the cryptocurrency.

The Remittix PayFi launch is drawing attention from investors, offering a new way to send fiat through compatible bank accounts. Invited existing holders can begin testing with EUR and USD options. If successful, this could lead to recurring payment relationships and potentially billions of dollars in annual transfers.