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SoFi Launches Agentic AI ETF Amid Sector Valuation Concerns
SoFi Launches Agentic AI ETF Amid Sector Valuation Concerns
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BTCCSquare news:
SoFi Technologies has introduced the Agentic AI ETF (AGIQ), its first new ETF in nearly two years. The fund tracks the BITA U.S. Agentic Select Index, comprising 30 U.S.-listed companies focused on AI development and deployment, including heavyweights like Nvidia and Deere. With a 0.69% expense ratio, the ETF targets firms pioneering autonomous decision-making systems.
The launch comes as skepticism grows around AI sector valuations. Brian Walsh, SoFi's head of advice and planning, positions AGIQ as a tool for retail investors to access next-generation AI exposure beyond first-generation offerings. The index is designed to adapt dynamically to the evolving AI landscape.
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