coin-img-ETHETH+0.26%coin-img-BTCBTC-0.24%coin-img-SOLSOL+2.41%coin-img-CTMCTM+35.85%coin-img-XRPXRP+1.31%coin-img-USDCUSDC-0.01%coin-img-TRXTRX-0.50%coin-img-HYPEHYPE-0.31%coin-img-ETHETH+0.26%coin-img-BTCBTC-0.24%coin-img-SOLSOL+2.41%coin-img-CTMCTM+35.85%coin-img-XRPXRP+1.31%coin-img-USDCUSDC-0.01%coin-img-TRXTRX-0.50%coin-img-HYPEHYPE-0.31%coin-img-ETHETH+0.26%coin-img-BTCBTC-0.24%coin-img-SOLSOL+2.41%coin-img-CTMCTM+35.85%coin-img-XRPXRP+1.31%coin-img-USDCUSDC-0.01%coin-img-TRXTRX-0.50%coin-img-HYPEHYPE-0.31%coin-img-ETHETH+0.26%coin-img-BTCBTC-0.24%coin-img-SOLSOL+2.41%coin-img-CTMCTM+35.85%coin-img-XRPXRP+1.31%coin-img-USDCUSDC-0.01%coin-img-TRXTRX-0.50%coin-img-HYPEHYPE-0.31%

SpaceX to enter the Nasdaq 100 on July 7, JPMorgan sees $4.3 billion in passive inflows

SpaceX will be added to the Nasdaq 100 index on July 7, triggering passive buying by ETFs that track the benchmark such as Invesco QQQ. JPMorgan estimates the move could bring about $4.3 billion of passive inflows. The company listed on Nasdaq on June 12 and is not yet profitable, reporting a $4.9 billion net loss in 2023. Nasdaq has eased index entry requirements, while S&P Global said it is not changing S&P 500 eligibility rules for now.
Disclaimer: The content above is only the author's opinion and does not represent BingX’s stance. It shall not be construed as investment advice from BingX. For details, refer to the Terms and Conditions.
Stock Index