#NasdaqETFUpdate

"National Association of Securities Dealers Automatic Quotation"

New ETF Listings: Nasdaq began listing two new GraniteShares ETFs: the GraniteShares 2x Long MSTR Daily ETF (MSTP) and the GraniteShares 2x Short MSTR Daily ETF (MSDD), both offering leveraged exposure to MicroStrategy (MSTR).

Crypto ETF Developments: The SEC is reviewing Nasdaq’s proposal to list the Hashdex Nasdaq Crypto Index US ETF, which would hold Bitcoin (BTC), Ethereum (ETH), and other digital assets. A decision is pending, with public comments due by July 1st.

Market Performance: Tech-heavy ETFs like Invesco benefited from Nasdaq’s 0.3% gain, driven by semiconductor stocks. The S&P 500 rose 0.1%, while sector ETFs like XLK (Tech) and XLY (Consumer Discretionary) also advanced.

Spot Bitcoin ETF Inflows: BlackRock’s IBIT Bitcoin ETF saw strong inflows, pushing assets above $70 billion amid steady crypto market sentiment.

Regulatory Focus: SEC proceedings continue on ETF share-class structures, with growing interest in operational efficiencies for multi-class ETFs.