Grayscale Files ETF Focused on GPU Compute Futures

The Grayscale Compute ETF is designed to provide exposure to GPU computing capacity through futures contracts tied to AI-related compute resources. The actively-managed ETF would primarily invest in front-month GPU compute futures and roll positions as contracts expire, making performance sensitive to futures market dynamics such as contango and backwardation. The fund may also use swaps and options, with exposure potentially held through a Cayman subsidiary. The filing reflects growing investor interest in AI infrastructure as an investable asset class.