#NasdaqETFUpdate

The Nasdaq ETF landscape is thriving amid a robust market rally, with the tech-heavy Nasdaq Composite surging 29.5% from its April low to near 20,000 points, driven by AI optimism and easing trade tensions . Key developments include:

1. Performance Leaders: Invesco QQQ (QQQ) and its low-fee counterpart QQQM are outperforming, buoyed by NVIDIA's $3.45 trillion market cap and semiconductor strength .

2. New Listings: Recent launches include the Defiance 2x Short PLTR ETF (PLTZ) and crypto-focused **Volatility Shares XRP ETFs (XRPI, XRPT)**, expanding thematic options .

3. Structural Innovations: SEC approvals for ETF share-class structures are accelerating, enhancing operational efficiency for fund managers .

4. Strategy Shifts: "Buy the dip" approaches are rewarding investors, with retail inflows hitting $50 billion since April, while equal-weight ETFs (QQQE, QQEW) gain traction for reducing mega-cap concentration .

5. **Risks**: Trade policy volatility and potential Fed rate cuts loom, though tariff reductions (e.g., U.S.-China duties cut from 145% to 30%) provide near-term support .