GraniteShares Files for ETF Targeting AI Data Center Cooling Technologies

GraniteShares has filed for the GraniteShares AI Data Center Cooling ETF, an actively managed fund targeting companies involved in cooling infrastructure for artificial intelligence data centers. The ETF will invest at least 80% of its assets in companies specializing in liquid cooling, thermal management components, chillers, cooling optimization software, and related engineering services. The strategy will focus on industry leaders across the U.S. and international markets, with holdings weighted by revenues attributable to AI cooling technologies rather than overall market capitalization. The portfolio will rebalance at least quarterly, with a 20% cap on individual holdings. The fund may also allocate up to 15% of assets to illiquid investments, including private companies through special purpose vehicles and pre-IPO perpetual futures swaps, without using derivatives for leveraged exposure.