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IPOX 100 U.S. Index (IPXO) surges as 5-star FPX ETF passes USD billion 1 mark

Amid asset allocation-driven buying into the sector, assets tied to the IPOX Indexes continued to surge with the IPOX-100 U.S.-linked 5-star First Trust U.S. Opportunities ETF (ticker: FPX) recording assets exceeding USD billion 1 for the first time since its launch in April 2006.