[BlackRock Plans to Launch Nasdaq-100 ETF, Challenging Invesco's Monopoly] According to a report by Jinse Finance on April 6, BlackRock is setting its sights on a segment of the $13.7 trillion U.S. ETF market that has long been dominated by Invesco: tracking the Nasdaq-100 Index. Based on documents filed with the U.S. Securities and Exchange Commission (SEC) on Monday, the iShares Nasdaq-100 ETF will track this index, with the trading symbol IQQ. If launched, IQQ will become one of the few U.S.-listed ETFs specifically tracking the Nasdaq-100 Index and the first of its kind not managed by Invesco. Since the Nasdaq exchange introduced the index in 1985, it has been cautious in granting licensing rights for its use. While there are ETFs in the U.S. market that replicate Nasdaq-100 components through derivatives, Invesco has almost exclusively dominated the market for pure Nasdaq-100 Index ETFs. This partnership has given rise to the $374 billion Invesco QQQ Trust (Invesco QQQ Trust Series 1, ticker QQQ), one of the largest ETFs globally, as well as the $70 billion Invesco Nasdaq-100 ETF (QQQM). (Jin10)