#NasdaqETFUpdate
Nasdaq ETF" is not a specific product, but a general name for exchange-traded funds (ETFs) that track one of the Nasdaq indices.
What is an ETF? Imagine a basket that contains the stocks of many different companies. An ETF is essentially a share in that basket. By purchasing one share of an ETF, you instantly become a minority owner of all the companies in the basket, in the respective proportions. You can trade ETF shares on the exchange just as easily as you would trade shares of an individual company (for example, Apple).
Thus, the Nasdaq-100 ETF is a fund that buys shares of these 100 companies and allows investors to buy a "one-click" diversified portfolio of leading technology companies in the USA. The most well-known and largest such fund in the world has the ticker QQQ (Invesco QQQ Trust).
What this will realistically lead to in the market,
1 increase in market liquidity,
2 Re-emerging bullish scenario
Smart traders closing positions with profit taking
3 Economic growth for those who are visionaries here