More Nasdaq 100 ETFs Are Coming, Bringing More Buyers for SpaceX Stock

Industry
โดย Investopedia·Read original
Summary · why it matters

State Street launched its SPDR Portfolio Nasdaq 100 fund last week and BlackRock's iShares filed in April to launch its own Nasdaq 100 ETF, increasing competition for Invesco's QQQ which holds roughly $480 billion in assets. State Street's fund charges 0.10% compared to QQQ's 0.18%, potentially sparking a fee war that benefits investors. The new funds will have to buy SpaceX stock when it joins the Nasdaq 100 index next week, though its weighting is expected to be under 1% due to a modest float of around 550 million shares under Nasdaq's fast-tracking rule.

Impact on stocks 4

Digital Finance & Tokenization▲ · 2 stocks
State Street Corp
STT
▲ PositiveCapitalrelevance

State Street launched a low-fee Nasdaq 100 ETF, positioning it to capture market share and fee revenue.

BlackRock Inc
BLK
▲ PositiveCapitalrelevance

BlackRock filed to launch a Nasdaq 100 ETF, expanding its product lineup and potential fee revenue.

Financials▼ · 1 stocks
Invesco Plc
IVZ
▼ NegativeCompetitionrelevance

New lower-fee Nasdaq 100 ETFs from State Street and BlackRock threaten Invesco's QQQ market share and could spark a fee war.

Space Economy▲ · 1 stocks
© 2026 MarketDXNews