BlackRock Looks to Challenge QQQ With New Nasdaq-100 ETF
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BlackRock is launching a new Nasdaq-100 ETF, which is expected to challenge the dominance of Invesco's QQQ. The move is seen as an attempt to gain a share of the market, with State Street also reportedly filing to launch a similar product. The launch aims to capitalize on the growing demand for Nasdaq-100 ETFs, potentially disrupting Invesco's existing grip on the market.
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