Crypto News: Remittix Raises Over $26.7 Million as Ethereum Whales Back It to Rival XRP

Ethereum is facing pressure after losing over $1,000 in value. Institutional ETFs are seeing outflows, adding to market uncertainty. Long-term holders remain confident despite short-term price declines. New staking ETFs aim to generate yield without private keys. 

Investors are watching for opportunities amid volatility and market shifts. Meanwhile, emerging PayFi altcoins like Remittix (RTX) are attracting major attention.

Ethereum ETF Outflows Highlight Investor Caution

Ethereum price is currently around $3,952. Ether has been under pressure in recent times, dropping by more than $1,000 from its all-time highs within the span of a month. ETH dipped below $4,000 on Friday for the first time since mid-August as it marked…

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