Roundhill seeks approval from the U.S. Securities and Exchange Commission (SEC) for a human-like robot exchange-traded fund
Roundhill has filed an application with the U.S. Securities and Exchange Commission (SEC) to launch an exchange-traded fund for human-like robots.
At least 80% of the assets will be allocated to qualified human-like robot companies.
Roundhill Investments submitted a prospectus to the U.S. Securities and Exchange Commission to launch a new exchange-traded fund for human-like robots. This move follows its previous success with exchange-traded funds focused on Bitcoin and generative artificial intelligence. The company, based in New York, aims to capitalize on the growing interest from investors in human-like machines.
Human-like robots include machines that resemble humans and operate like them. These robots typically feature a head, torso, arms, and legs. Common examples include Tesla's Optimus robots and Boston Dynamics' Atlas robots. The proposed Roundhill fund will invest in leading companies developing in this field.
Roundhill bets on human-like robots
According to the filing, the exchange-traded fund will target companies that have fully operational commercial robots or those approaching the production stage.
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