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The Economic Times
The Economic Times
Akash Podishetti

BlackRock to launch Nasdaq-100 ETF as AI rally pulls investors into tech stocks

BlackRock Nasdaq ETF Invesco iShares State Street United States

BlackRock said on Tuesday it will launch a new exchange-traded fund tracking the Nasdaq-100 index, as the world’s largest asset manager looks to capture rising investor demand for US technology stocks.

The iShares Nasdaq 100 ETF will track the flagship index of the top 100 non-financial companies listed on Nasdaq. The fund will start trading on Thursday.

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