Simultaneously, investors are quietly accumulating an emerging altcoin called Remittix (RTX). They believe RTX would deliver a 30x gain for early investors in the coming months.
Is 30x feasible?
The approval of the Ethereum ETF earlier this year marked a historic moment for the crypto industry. After years of speculation and delays, Ethereum finally came to life, creating opportunities for institutions to invest large amounts of capital in ETH.
Ethereum ETF has recorded billion-dollar inflows daily during the past few days in September. This record-breaking inflow signals renewed confidence and interest from those who are likely positioning for the next leg up.
According to SoSoValue data, the Ethereum ETF saw a total daily net inflow of $405 million, a cumulative total of $13 million, a total trade value of $2.5 billion, and a total net asset of $30 billion.
This marks the fourth week of positive inflows, underlining renewed market confidence in Ethereum. Fidelity’s FETH stood out among the Ethereum ETF products, with $381 million in net inflows.
With the Ethereum ETF soaring, it would positively affect ETH, which could retest its previous all-time high of $4,900 and aim higher. While ETH seems bullish, the smart investors are diversifying into Remittix (RTX), which is set to deliver a 30x.
Remittix is a PayFi project built for real-world use, where users can send crypto straight to bank accounts in 30+ countries.
Users will send crypto, which is automatically converted with the app’s live FX rate and deposited as fiat directly to bank accounts. The app has a business API for freelancers and SMEs to integrate and receive crypto payments.
Remittix highlights:
Discover the future of PayFi with Remittix by checking out their project here:
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
$250K Giveaway: https://gleam.io/competitions/nz84L-250000-remittix-giveaway
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The post Ethereum ETF Updates: Daily Inflows Hit Record Highs In September As Analysts Tip Remittix For 30x Gains appeared first on Coindoo.
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