SoFi Launches New AI-Focused ETF to Navigate Market Skepticism

SoFi Technologies has launched a new Exchange Traded Fund (ETF) targeting artificial intelligence, dubbed the Agentic AI ETF (AGIQ). This marks SoFi’s return to the ETF market after nearly two years. The ETF tracks the BITA U.S. Agentic Select Index, focusing on companies developing or deploying autonomous systems capable of decision-making and collaboration with other agents. 30 U.S.-listed firms are included, encompassing giants like Nvidia and Deere. With a 0.69% expense ratio, AGIQ is hosted on SoFi Invest and other brokerage platforms.