Roundhill Files GPUX ETF to Track Compute Futures Before Contracts Trade
Updated
Updated · Bloomberg · May 20
Roundhill Files GPUX ETF to Track Compute Futures Before Contracts Trade
2 articles · Updated · Bloomberg · May 20
Roundhill Investments has filed with regulators for the Roundhill Compute ETF, ticker GPUX, an actively managed fund designed to hold futures tied to computing power prices.
The proposed ETF would target contracts linked to cloud computing, high-performance computing and storage used to run calculations, process data and train AI and machine-learning models.
GPUX arrives before the underlying compute futures have begun trading, underscoring how quickly Wall Street is trying to package computing power as a mass-market commodity.
The filing extends a broader push to financialize AI infrastructure, turning access to compute capacity into an investable asset class rather than just an operating cost.
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