BlackRock Is Coming for the Most Profitable ETF Monopoly on Wall Street: Why It Could Win

BlackRock filed with the SEC for an iShares Nasdaq-100 ETF under the proposed ticker IQQ, directly challenging Invesco’s decades-long control over the index. ETF analyst Eric Balchunas estimated the expense ratio could land near 12 basis points. That would undercut both QQQ at 0.18% and QQQM at 0.15%, setting up one of the biggest ETF The post BlackRock Is Coming for the Most Profitable ETF Monopoly on Wall Street: Why It Could Win appeared first on BeInCrypto.