Roundhill Investment wants to launch an ETF with a focus on human computers.

New York-based Roundhill Investments filed a brochure with the U.S. Securities and Exchange Commission to build a Humanoid Robotics ETF, with a focus on the future of human-like systems.

If approved, the fund would give investors a chance to learn about the pioneers of human automation, a rapidly expanding field of artificial intelligence.

Humanoid technology refers to computers that resemble and operate similarly to people. These robots usually have a head, back, arms, and legs, much like humans do. Tesla’s Optimus and Boston Dynamics Atlas computers are two instances of human-like computers.

The Humanoid Robotics Fund would primarily invest in equity securities of businesses that Roundhill believes are world leaders in anthropomorphic robotics, whether it be through the development of fully functional industrial robots, the move to commercial production, or the supply of essential technologies for their development.

According to the proposal,” Under normal conditions, the Fund invests at least 80 % of its net resources plus loans for investment reasons in Humanoid Robotics Businesses.”

Roundhill, which was established in 2018, is renowned for its thematic ETFs. The Humanoid Robotics ETF may join a growing list of niche software funds, including those that deal with conceptual AI, the multiverse, video games, and strategy ETFs covered by Bitcoin and Ethereum. The company did not specify the exchange where the fresh ETF would business.

A request for comment was never received by the business.

Although there are several ETFs on the market that concentrate solely on humanoid robots, including the Global X Robotics &amp, Artificial Intelligence ETF ( BOTZ ) and the ROBO Global Robotics &amp, Automation Index ETF ( ROBO ), none are currently focused solely on humanoid robots.

Roundhill acknowledged the prospectus’s limitations on business opportunities, difficulties with operating or staffing, international and governmental pressures, China’s rapid development of AI and robotics, and a high risk of product obsolescence as the industry develops.

The prospectus stated that” the development and commercialization of fully-functional human robots involve complicated and evolving technology that may face unexpected technical difficulties, regulatory obstacles, and market acceptance issues.” Investors in human technology companies may be exposed to higher levels of danger and uncertainty as a result.

As businesses like Tesla, Nvidia, OpenMind, Boston Dynamics, and Figure AI compete to bring human robots to marketplace, companies like Roundhill Humanoid Robotics ETF are launching a boom in interest in general-purpose technology.

The global human technology industry was estimated to be worth$ 2.21 billion in 2023, which is expected to be higher than$ 76 billion by 2032, according to market research firm S &amp, S Insider.