KraneShares Public-Private AI & Technology ETF

AGIX

時価総額 $10.3億

Anthropic's AI boom supports a potential $2T valuation, but Big Tech dependence and high compute costs pose risks.

Anthropic filed its confidential S-1 with the Securities and Exchange Commission back in June. Several large public companies hold equity stakes in Anthropic.

ETFs are increasingly breaking down the wall between public and private markets. Asset managers are finding ways to “ETF-ize” private equity and pre-IPO holdings — giving retail investors liquid, fractional access to growth opportunities historically restricted to institutional and accredited buyers.

KraneShares Public-Private AI & Technology ETF and Roundhill Generative AI & Technology ETF offer broad AI ecosystem exposure but differ in holdings and risk profiles. CHAT beat AGIX by roughly 60% since AGIX's inception. The median CHAT holding is up 56% this year against 45% for AGIX; memory did most of that work. Each fund carries a poison pill. AGIX holds ~3% of SpaceX across three lines; CHAT holds ~7% of Chinese names, with delisting and sanctions risk I take seriously.

Anthropic's preliminary second-quarter results reignited enthusiasm across the artificial intelligence sector, lifting semiconductor stocks 1% on Monday despite broader tech sector declines. Q2 revenue topped $11.5 billion — a 14x surge year-over-year and more than 2x last quarter's figures.

KraneShares Public-Private AI & Technology ETF offers diversified exposure across AI hardware, infrastructure, and applications, targeting both public and private companies. AGIX is positioned to benefit from the multi-year shift toward agentic AI and the transition from GPU-heavy to CPU-focused architectures, supporting a broader AI investment pool. Key holdings like NVDA and META are poised for growth as AI adoption expands, with AGIX also providing rare access to private companies such as Anthropic.

Amazon and SpaceX keep battling to be among the top five most valuable publicly traded companies in the world. Long-term investors who like both don't have to choose one or the other.

Anthropic and OpenAI are the two most valuable private companies in the world. Although most retail investors will have limited or no access to IPOs, they can still gain exposure to OpenAI and Anthropic through select ETFs.

SpaceX confidentially filed for an initial public offering in early April. Earlier this year, SpaceX merged with xAI in a $1.25 trillion transaction.

Earlier this year, Elon Musk merged two of his largest businesses: xAI and SpaceX. Investors who may not have access to the SpaceX IPO can still invest in the company through a number of different ways.