#NasdaqETFUpdate Nasdaq ETFs are riding a strong wave this week, mirroring the Nasdaq Composite's near 52-week highs. "Magnificent Seven" tech stocks and optimistic US-China trade talks, particularly easing chip export restrictions, are fueling this surge.
ETFs like QQQ and QQQM remain top performers. Notably, Nasdaq has expanded its crypto index to include XRP, Solana, and Cardano, hinting at future diversified crypto ETF possibilities, though current offerings like Hashdex remain Bitcoin/Ethereum-focused. While the outlook is positive, Karachi investors should watch upcoming US inflation data, as it could influence market sentiment and Nasdaq ETF performance. Volatility remains a factor in this tech-driven rebound.