GraniteShares Files ETFs Tracking AI GPU Compute Futures

GraniteShares has filed for three actively managed ETFs offering exposure to the emerging market for AI computing power through GPU compute futures. One fund would allocate across contracts tied to available GPU models, including Nvidia H100, A100 and B200 chips, while two others would specifically target H100 and B200 compute capacity. The non-leveraged ETFs would actively manage contract allocations and rolls based on liquidity, costs and market conditions, while holding fixed-income collateral. Up to 25% of assets may be invested through Cayman subsidiaries, and investors are expected to receive Form 1099s rather than K-1s.