Betting on the way forward for human-like machines, New York-based Roundhill Investments filed a prospectus with the U.S. Securities and Change Fee to launch a Humanoid Robotics ETF.
If permitted, the fund would expose traders to corporations on the forefront of humanoid robotics, a quickly evolving space of synthetic intelligence.
Humanoid robotics refers to robots that resemble and performance equally to people. These robots sometimes have a human-like construction, together with a head, torso, arms, and legs. Examples of humanoid robots embody Tesla’s Optimus, and Boston Dynamics Atlas robots.
In line with the submitting, the Humanoid Robotics Fund would make investments primarily in fairness securities of corporations that Roundhill considers leaders in humanoid robotics—both by having developed absolutely purposeful industrial robots, transferring towards industrial manufacturing, or supplying important applied sciences used of their growth.
“Below regular circumstances, the Fund invests a minimum of 80% of its web belongings plus borrowings for funding functions in Humanoid Robotics Corporations,” the prospectus mentioned.
Roundhill, based in 2018, is understood for thematic ETFs. The Humanoid Robotics ETF would be a part of its lineup of area of interest tech funds, together with these centered on generative AI, the metaverse, video video games, and Bitcoin and Ethereum-covered Technique ETFs. The agency didn’t specify which trade the brand new ETF would commerce on.
The corporate didn’t reply to a request for remark.
Whereas a number of ETFs give attention to robotics and AI are in the marketplace, together with the World X Robotics & Synthetic Intelligence ETF (BOTZ) and the ROBO World Robotics & Automation Index ETF (ROBO), none are at present devoted solely to humanoid robots.
Roundhill acknowledged a number of threat elements within the prospectus, together with restricted industrial availability, operational or staffing challenges, international and regulatory pressures, AI and robotics growth in China, and a excessive threat of product obsolescence because the trade progresses.
“The event and commercialization of fully-functional humanoid robots contain advanced and evolving applied sciences, which can face unexpected technical challenges, regulatory hurdles, and market acceptance points,” the prospectus mentioned. “Consequently, investments in Humanoid Robotics Corporations could also be topic to increased ranges of threat and volatility.”
The Roundhill Humanoid Robotics ETF arrives amid a surge in curiosity in general-purpose robotics as corporations like Tesla, Nvidia, OpenMind, Boston Dynamics, and Determine AI race to convey humanoid machines to market.
In 2023, the worldwide humanoid robotics market was valued at $2.21 billion, in accordance with market analysis firm S & S Insider, that quantity is predicted to surpass $76 billion by 2032.
Editor’s observe: This story was corrected to notice that the prospectus has certainly been filed with the SEC.
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