#NasdaqETFUpdate

Update on Nasdaq-Traded Funds (#NasdaqETFUpdate)**

Exchange-traded funds (ETFs) linked to the **Nasdaq 100** are witnessing notable developments in 2024, driven by the performance of the technology sector:

1. **Fund Performance:** The **QQQ** fund (the most traded) has risen by about 8% since January, supported by strong earnings results from companies like "Nvidia" and "Microsoft".

2. **Market Drivers:**

- A slowdown in the pace of interest rate hikes by the US Federal Reserve.

- Growth in investment in artificial intelligence and cloud data.

3. **New Trends:**

- An increasing emergence of **thematic** funds focusing on robotics or electric vehicles (such as **QQQM**).

- Rising demand for **leveraged** funds (Leveraged ETFs) like **TQQQ** during bull markets.