Institutional investors are going all-in on Ethereum. With Ethereum ETFs showing an impressive 17 straight days of inflows, traders are wondering where all this new capital is going. While ETH holds strong above $3,800, related tokens like AAVE and Remittix (RTX) are also catching attention from investors watching for breakout plays.
Over the past 17 trading sessions, Ethereum ETFs in the United States have brought in nearly $5.2 billion in new capital. Even on the slowest day recently, ETFs purchased 17,549 ETH, far more than the network’s daily issuance of about 2,571 ETH.
BlackRock’s ETHA fund pulled in $132 million in one day, showing strong demand despite small outflows from competitors like Fidelity’s FETH. According to ETF analyst Eric Balchunas, ETHA ranked 17th in trading volume across all ETFs, a rare milestone. With spot ETH ETF momentum growing and total inflows nearing all-time highs, analysts believe we could see ETH break $4,700 if Bitcoin also moves higher in August.
source: @crypto_goos on X
Even with the bullish signals around Ethereum ETFs, not all Ethereum-based assets are flying high. In the past week, $1.7 billion worth of ETH has been pulled from AAVE by major crypto whales, including rumored withdrawals by Justin Sun.
This has lowered liquidity on the platform and pushed borrowing rates higher. Still, analysts see a potential rebound. AAVE currently trades around $289, and a dip to $270 could act as a “reload zone,” just above a key Fibonacci support level.
source: @ali_charts on X
Despite the outflows, Aave remains the largest DeFi lending protocol on Ethereum, with over $55 billion in deposits. Its partnership with MetaMask now allows users to earn yield by storing stablecoins directly via the mobile app, a feature that could draw fresh retail and institutional users into Aave’s ecosystem.
While traditional DeFi tokens like AAVE wrestle with liquidity shifts, Remittix is moving in a different direction. Backed by a real-world use case, Remittix has already raised over $17.6 million through the sale of more than 573 million tokens at a price of $0.0876.
The project focuses on making cross-border payments seamless, something Ethereum was originally meant to support at scale. With its mobile wallet beta launching on September 15, Remittix plans to allow users to send crypto to real bank accounts in over 30 countries.
As excitement from Ethereum ETFs spreads to broader Ethereum tokens, Remittix is positioning itself as a smart investment play, especially as institutions begin seeking crypto projects with actual utility.
Here’s why RTX continues gaining attention:
The growth in Ethereum ETFs is clearly bullish for ETH itself, but it also raises new questions: Will this inflow lift other Ethereum-based projects like AAVE and RTX? Projects like Remittix offer something different. Now could be the perfect time to watch where that money flows next.
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Website: https://remittix.io/
Socials: https://linktr.ee/remittix
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