GraniteShares Files for AI Optical Networking and Interconnect ETF

GraniteShares has filed for the GraniteShares Co-Packaged Optics & AI Interconnect ETF, an actively managed fund targeting companies developing technologies that enable high-speed data transmission across AI infrastructure. The ETF will invest at least 80% of its assets in AI interconnect companies, focusing on co-packaged optics, silicon photonics, optical transceivers, lasers, high-speed networking semiconductors, and fiber connectivity. The strategy targets companies deriving at least 50% of revenue or profits from these technologies, with global exposure spanning the U.S., Taiwan, Japan, South Korea, and Israel. The fund will rebalance quarterly, capping individual holdings at 20%. Notably, it may also gain exposure to private AI companies through special purpose vehicles and pre-IPO perpetual futures swaps, subject to a combined 15% limit on illiquid investments.