Bitcoin News Today: Institutional Capital Shifts to Remittix as Bitcoin Divestments Rise

Institutional investors are increasingly reallocating capital from Bitcoin into alternative crypto assets, particularly those offering real-world utility and infrastructure. This trend is reflected in the rising interest in projects like Remittix (RTX), a low-cap token currently trading at $0.0876. The shift highlights a broader movement toward decentralized finance (DeFi) platforms that address tangible issues such as cross-border transactions, low-fee transfers, and integration with traditional financial systems [1].

Remittix is positioned as a key player in this space by aiming to simplify global crypto-to-fiat transactions. The project enables users to send cryptocurrencies like Bitcoin and Ethereum directly to bank accounts across more than 30 countries. As part of a cross-chain DeFi initiative, the platform is designed to cut down on delays and reduce costs traditionally associated with centralized exchanges [1].

The Remittix presale has raised over $17.7 million, with more than 574 million tokens already sold. The project is on track to meet its soft cap of $18 million and is offering a 50% bonus for first-time buyers. The beta version of the Remittix wallet is expected to launch in Q3 2025, supporting over 40 cryptocurrencies and 30 fiat currencies, with real-time foreign exchange conversion [1].

To further boost engagement, the project is running a $250,000 giveaway in conjunction with the beta wallet launch. This strategy, which includes real-time FX conversion and low-cost fiat withdrawals, is particularly appealing to freelancers, remitters, and small businesses looking for efficient financial tools. The focus on real-world application and infrastructure aligns with the growing demand for crypto projects that deliver measurable value [1].

The project’s global reach—enabling crypto-to-bank transfers in over 30 countries—adds to its attractiveness. Its product development timeline and strong presale performance suggest significant growth potential. Both retail and institutional investors are showing interest in the platform, driven by its practical use case and imminent product launch [1].

As institutional capital continues to diversify away from Bitcoin into utility-driven altcoins, projects like Remittix are gaining traction. The initiative meets key investor criteria: a clear real-world application, a product launch on the horizon, and strong early adoption signals [1].

Source: [1] Institutional Buyers Move Capital From Bitcoin Into This... (https://coindoo.com/institutional-buyers-move-capital-from-bitcoin-into-this-0-08-altcoin-with-40x-potential/)