#NasdaqETFUpdate đđđ„đ
Nasdaq has officially updated its ETF benchmark to include four major crypto-assetsâXRP, Solana (SOL), Cardano (ADA), and Stellar (XLM)âfollowing a new SEC filing announced roughly 16 hours ago. This integration signals growing institutional acceptance and blending of traditional and crypto asset classes.
Meanwhile, Invescoâs NASDAQ-100 ETF (QQQM) recorded a modest flat close at $218.52 yesterday, matching its prior dayâs performance ïżŒ. As of May 31, QQQMâs 1-year return stands at +15.5%, comfortably outpacing the S&PâŻ500 benchmark and showcasing strong performance among large-cap, growth-oriented funds ïżŒ. It also maintains a modest 0.15% expense ratio and holds $48.4âŻbillion in assetsâhighlighting continued investor confidence.
Additionally, a new beginnerâs guide tailored for 2025 advises that NASDAQ ETFs offer diversified, tech-heavy exposure, low expense ratios, and straightforward trading mechanicsâthough it underscores the need for awareness around sector concentration and tax implications.
đ In summary:
â Crypto meets Nasdaq: XRP, SOL, ADA, XLM now benchmark components
â QQQM steady: flat daily price; strong 1-yr +15.5% with low fees
â Education first: new guide for retail investors on NASDAQ ETF fundamentals
Let me know if youâd like a deeper dive into any of these developments!