Roundhill Investments in New York has submitted a prospectus to the future of human -like machines with the US Securities and Exchange Commission to launch a humanoid robotics ETF.
If approved, the Fund would expose investors to companies that first in humanoid robotics, a rapidly evolving area of artificial intelligence.
Humanoid robotics refers to robots that resemble and act in the same way as people. These robots usually have a human -like structure, including a head, torso, arms and legs. Examples of humanoid robots are Tesla’s Optimus and Boston Dynamics Atlas Robots.
According to archiving, the Humanoid Robotics Fund would mainly invest in stock effects of companies that Roundhill regards as leaders in humanoid robotics – either by developing fully functional robots, on their way to commercial production or essential technologies used in their development.
“Under normal circumstances, the fund invests at least 80% of its net asset plus loans for investment purposes at humanoid robotics companies,” said the prospectus.
Roundhill, founded in 2018, is known for thematic ETFs. The Humanoid Robotics ETF would participate in the line-up of niche-tech funds, including those aimed at generative AI, the metaverse, video games and bitcoin and strategy-ETFs covered with Ethereum. The company has not indicated which exchange the new ETF would act on.
The company did not respond to a request for comment.
Although various ETFs are focusing on robotics and AI on the market, including the Global X Robotics & Artificial Intelligence ETF (BOTZ) and the Robo Global Robotics & Automation Index ETF (ROBO), there are currently no dedicated to humanoid robots.
Roundhill recognized various risk factors in the prospectus, including limited commercial availability, operational or staff challenges, global and regulatory pressure, AI and robotics development in China and a high risk of aging product as industry progresses.
“The development and commercialization of fully functional humanoid robots includes complex and evolving technologies that can be confronted with unforeseen technical challenges, regulatory obstacles and market acceptance,” said the prospectus. “As a result, investments in humanoid robotics companies may be subject to higher levels of risk and volatility.”
The Roundhill Humanoid Robotics ETF arrives in the midst of an increase in interest in general robotics such as companies such as Tesla, Nvidia, OpenMind, Boston Dynamics and Figure AI Race to market humanoid machines.
In 2023, the global market for humanoid robotics was valued at $ 2.21 billion, according to market research agency S&S Insider, that number is expected to exceed $ 76 billion by 2032.
Note of the editors: This story has been corrected to note that the prospectus has indeed been submitted to the SEC.
Generally intelligent Newsletter
A weekly AI trip told by Gen, a generative AI model.