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Deep Tide TechFlow news, on June 09, according to Bloomberg, BlackRock launched a space-themed ETF for European investors — iShares Space Technologies UCITS ETF, with the code STAR. The ETF’s tracked index features an IPO fast-inclusion mechanism, which allows constituent stocks to be included within 10 to 30 days after a company’s listing through a non-routine rebalancing review, without waiting for the next regular rebalancing.
BlackRock said the mechanism is designed to cover newly listed space technology companies more quickly.