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BlackRock to Launch ETF to Compete with Invesco's QQQ

Primul articol: 6 apr. 2026, 13:10 | Ultima actualizare: 6 apr. 2026, 13:10 | 1 sursa | 1 articol

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BlackRock, the world's largest asset manager, is set to challenge Invesco's dominance in the ETF market by launching a new fund designed to rival Invesco's QQQ ETF. The QQQ ETF, with $374 billion in assets, tracks the Nasdaq 100 index. BlackRock's move highlights the intensifying competition among ETF providers as they seek to capture a larger share of the growing market for passive investment products.

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BlackRock Plans Challenger to Invesco’s $374 Billion Crown Jewel Foto: Bloomberg
Bloomberg English 6 apr. 2026, 13:10 (acum 5 ore)

BlackRock Plans Challenger to Invesco’s $374 Billion Crown Jewel

BlackRock Inc. is setting its sights on a corner of the $13.7 trillion US exchange-traded fund industry long controlled by Invesco Ltd: tracking the Nasdaq 100 Index.

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