BlackRock is launching a new exchange-traded fund (ETF) that will track the Nasdaq 100 Index. This move challenges Invesco’s dominance in offering ETFs tracking this tech-heavy index. The yet-to-be-launched ETF aims to provide investors with another option for exposure to the top US technology companies, such as Apple and Amazon.
Source: https://seekingalpha.com/news/4572628-blackrock-files-for-nasdaq-100-etf-to-challenge-invescos-qqq