Tag: etf
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BlackRock to launch Nasdaq-100 ETF, challenging Invesco’s dominance as AI rally boosts demand
July 7 : BlackRock said on Tuesday it would launch an exchange-traded fund tracking the technology-heavy Nasdaq-100 index, as it seeks to tap surging investor demand for exposure to the AI-driven stock market rally.The iShares Nasdaq 100 ETF, offered by the world’s largest asset manager, will track the flagsh
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Citi cuts bitcoin, ether forecasts as ETF flows turn negative
July 1 : Citigroup slashed its 12-month forecasts for bitcoin and ether, saying weakening investor appetite, negative exchange-traded fund flows and a lack of progress on U.S. digital asset legislation have hurt the outlook for the two largest cryptocurrencies. The brokerage, in a note dated Tuesday, lowered
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This upstart launched 35 ETFs in a day – and doesn’t plan to slow down
PROVIDENCE, RHODE ISLAND, June 22 : It took more than a decade for BlackRock, the world’s largest issuer of exchange-traded funds, to launch its first 300 products.Corgi Investments, the venture-capital-based asset manager, plans to repeat that feat in less than a year, the company tells Reuters.Corgi
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US asset managers file for first ETFs targeting Wall Street’s new obsession, AI and the ‘MANGOS’
June 16 : Just days after SpaceX wrapped up its record $75 billion initial public stock offering and ignited another burst of enthusiasm among traders for all things AI, two asset managers disclosed plans to launch exchange-traded funds linked to the new AI-stock acronym that is all the buzz on Wall Street.In
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Vanguard index product becomes first ETF to top $1 trillion in assets
ORLANDO, Florida, June 3 : The Vanguard S&P 500 ETF, the index investing pioneer’s flagship exchange-traded product, became the first in the history of ETFs to reach and exceed $1 trillion in assets, the investment firm confirmed on Wednesday.The Vanguard fund hit this milestone, the latest record in the rema
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ETF Street
Exchange-traded funds can help investors balance risk in their portfolios and find growth in unexpected sectors.
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