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BlackRock has launched the iShares Cloud and 5G Multisector ETF (NYSE: IDAT), aiming to track the Morningstar Global Digital Infrastructure & Connectivity Index. This fund focuses on 50 global firms poised for significant profit increases from infrastructure-as-a-service and 5G technologies. BlackRock highlights five megatrends driving investment opportunities, including Technological Breakthroughs and Rapid Urbanization. The ETF is designed to cater to investor needs in the evolving digital connectivity landscape.
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