Finance

BlackRock’s Spot Ethereum ETF Crosses $100 Million Trade Volume, How Will It Impact ERC-20 Altcoins

World’s largest asset manager, BlackRock, recently recorded a significant increase in trade volume for its Ethereum ETF—BlackRock’s iShares Ethereum Trust (ETHA), which has reflected in Ethereum’s current market performance.

Meanwhile, analysts believe this trend will also positively impact ERC-20 altcoins like IntelMarkets (INTL). This new token has been making waves in the crypto market with its groundbreaking innovative tools and ongoing presale, which is rewarding investors with high returns.

BlackRock Records Over $100 Million In Spot Ethereum ETF Trading Volume

On October 22, American multinational investment company BlackRock, recorded a modest inflow of $11.9 million, after recovering from a previous outflow of $20.8 million. However, on October 29, BlackRock attracted new capital while its spot Ethereum ETF surpassed $100 million in trade volume.

In spite of the significant spot Ethereum trading volume, market participants remain cautious. Nevertheless, the success of the Ethereum ETF fueled ETH’s current bullish sentiment in the market, as well as ETH’s trading volume which has risen 1.24% to $21.56B.

Analysts predict further price increases of over 6% for ETH. They believe the increase in Spot Ethereum trading volume could also potentially impact ERC-20 tokens such as INTL with a positive price sentiment.

IntelMarkets: Innovative Features Of The AI-Driven ERC-20 Altcoin

IntelMarkets (INTL) is an AI-driven ERC-20 token built on the Ethereum blockchain but also on the Solana blockchain because it employs a dual self-evolving platform structure. This structure combines the best features of both ETH and SOL blockchains, backed by the upcoming Zirkon blockchain.

It provides users with streamlined insights and lightning-fast execution, without relying on APIs and third-party data points like most AI applications. Instead, IntelMarkets’ trading robots and data agents filter trends from millions of data points to give users profit opportunities.

IntelMarkets’ dual structured platform utilizes innovative AI trading tools and resources such as the Intell-M® channel analysis. Investors can forget about multi-managing different data platforms to see liquidation levels and market positions, because IntelMarkets’ ZeroX operating system is designed to integrate these data points on a real-time basis to give users a holistic picture of the market.

IntelMarkets Presale Benefits From ETH ETF Trading Volume Surge

IntelMarkets’ native token INTL, being an ERC-20 token, is currently benefiting from the increase in trading volume of Spot Ethereum (ETH) ETF on the BlackRock platform. The token has held the attention of the market since its presale launch.

IntelMarkets is now in stage 4 of its presale, offering tokens at an attractive price of $0.037. To date, over $1.6 million worth of INTL tokens have been sold to the public, demonstrating strong investor interest and eagerness to capitalize on potential profits at the token’s official launch, which is speculated to yield returns exceeding 500%.

While the affordability of the presale tokens continue to attract investors, the increase in trading volume for ETH ETF have boosted it further. As more investors join IntelMarkets’ presale, analysts speculate the token has the potential for massive inflows like ETH.

They believe INTL’s deflationary model would sustain its value and advise investors to jump on the presale for maximum profits while they enjoy the best trading experience with access to IntelMarkets’ innovative features.

Discover More About Intel Markets:

Presale: https://intelmarketspresale.com/

Buy Presale: https://buy.intelmarketspresale.com/

Telegram: https://t.me/IntelMarketsOfficial

Twitter: https://x.com/intel_markets


Disclaimer: This is a sponsored press release for informational purposes only. It does not reflect the views of Times Tabloid, nor is it intended to be used as legal, tax, investment, or financial advice. Times Tabloid is not responsible for any financial losses.

PR Desk

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