Nasdaq ETF landscape changes! BlackRock (BLK.US) and State Street (STT.US) are making a move, threatening Invesco’s (IVZ.US) nearly two-decade monopoly.

However, this entrenched market structure underwent a milestone transformation in April 2026. On April 6 and 7, two exchanges—both leading in global assets under management—successively submitted regulatory filings to the U.S. Securities and Exchange Commission, announcing plans to launch their own Nasdaq 100 Index ETFs. This series of moves signaled that the two giants were officially launching a direct challenge to Invesco's $379 billion technology stock investment territory, aiming to break the longstanding dominance of a single issuer in this niche market.