BlackRock to launch Nasdaq-100 ETF, challenging Invesco's dominance

Product / Tech
โดย Reuters·Read original
Summary · why it matters

BlackRock said on Tuesday it would launch an exchange-traded fund tracking the technology-heavy Nasdaq-100 index, seeking to tap surging investor demand for exposure to the AI-driven stock market rally. The iShares Nasdaq 100 ETF will start trading under the ticker IQQ on Thursday with an initial net asset value of $24 per share, competing with Invesco's long-dominant QQQ Trust Series 1 and Nasdaq 100 ETFs, whose NAVs are $722.45 and $297.45 respectively. The launch comes just months after the Nasdaq revised its criteria to accelerate the inclusion of newly listed companies such as SpaceX, and follows State Street's own Nasdaq 100 ETF debut last month. BlackRock already manages over $41 billion in assets through other Nasdaq 100 strategies, including the iShares Nasdaq Top 30 Stocks ETF and the iShares Nasdaq Premium Income Active ETF.

Impact on stocks 3

Digital Finance & Tokenization▲ · 2 stocks
BlackRock Inc
BLK
▲ PositiveCompetitionrelevance

BlackRock launches a competing Nasdaq-100 ETF, challenging Invesco's dominant QQQ.

State Street Corp
STT
± MixedCompetitionrelevance

State Street is mentioned as having launched a similar ETF last month, but the news is about BlackRock's entry, not State Street's performance.

Financials▼ · 1 stocks
Invesco Plc
IVZ
▼ NegativeCompetitionrelevance

Invesco faces new competition from BlackRock's iShares Nasdaq 100 ETF, threatening its QQQ dominance.

© 2026 MarketDXNews