BlackRock is set to launch a new Nasdaq-100 exchange-traded fund, with trading expected to begin this week. Multiple outlets report that the fund will be offered under BlackRock’s iShares brand and is designed to track exposure to the Nasdaq-100 index. NDTV and other reports describe the launch as adding competition to existing Nasdaq-100 ETF products, including those from Invesco and other major providers.
Business Line reports an initial net asset value (NAV) of $24 per share when the iShares Nasdaq 100 ETF starts trading. The same source provides comparative NAV figures for other funds mentioned in coverage: Invesco’s related funds show NAVs of $722.45 and $297.45, respectively, highlighting differences in pricing among competing offerings. Yahoo Finance similarly frames the launch as part of broader market activity around Nasdaq-100 exposure.
While the outlets emphasize the competitive impact in the Nasdaq-100 ETF market, the articles consistently point to the launch timing, iShares branding, and the fund’s stated initial NAV as the main concrete details.
