BlackRock, State Street challenge Invesco’s QQQ dominance as Nasdaq rule change opens IPO access

BlackRock and State Street are looking to topple Invesco’s long-standing monopoly over the Nasdaq-100 index — where its two ETFs hold more than $442 billion in assets combined — by filing competing ETFs.

Apr 8, 2026 - 19:00
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BlackRock, State Street challenge Invesco’s QQQ dominance as Nasdaq rule change opens IPO access
BlackRock and State Street are looking to topple Invesco’s long-standing monopoly over the Nasdaq-100 index — where its two ETFs hold more than $442 billion in assets combined — by filing competing ETFs.

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