Bitcoin Sees $2.4 Billion Inflow as Remittix Prepares to Disrupt Payments

The cryptocurrency market has seen significant inflows of capital into Bitcoin ETFs in recent weeks. According to data, roughly $2.4 billion entered U.S. spot Bitcoin products during a late-September week.

This influx of capital is indicative of investor appetite for established, liquid assets like Bitcoin. As the price of BTC climbed towards $87,000, momentum traders had a clear target in mind - $90,000.

However, not all investors are focused solely on established players. Remittix, a payment project, has invited its first 1,000 users to test its PayFi service ahead of its scheduled November 24 launch. This service aims to simplify the process of converting digital assets into fiat payouts across more than 30 target currencies.

Remittix's vision extends beyond payments, with a rebuilt wallet set to integrate transfer, trade, and earning functions. The project has already raised over $32 million in its presale, with a hard cap of $36 million. RTX costs $0.23 today, but is expected to reach $0.46 before the November 24 launch.