Digital finance platform Sophie has rolled out the SOFI Agent AI Exchange-Traded Fund (ETF).
The ETF, named Agiq, focuses on American companies that belong to the BITA US Agent AI Select Index, according to an announcement made on Wednesday (September 3).
“Emerging market themes can be tricky for new or casual investors to navigate, but with the SOFI Agent AI ETF, it becomes easier to tap into this next wave of AI,” remarked Brian Walsh, Sophie’s director of advice and planning, in a press release.
This BITA US Agent Select Index tracks firms involved in creating, delivering, and utilizing agent artificial intelligence (AI) technologies. It includes companies like Salesforce, Tesla, and Nvidia, though the specific holdings may vary.
More generally, the Index monitors businesses that work on technologies related to autonomous transportation, AI scheduling assistants, cybersecurity, autonomous industrial machinery, as well as semiconductors and cloud computing.
“The rise of agent AI—autonomous systems capable of making decisions, acting, and collaborating with other agents and humans—marks a significant shift that could enhance real-world productivity across various sectors,” Sophie stated in the release.
The release referenced data from the World Economic Forum, which forecasts a substantial growth in the Agent AI market by the decade’s end.
By 2035, Pymnts noted earlier this week, the corporate landscape might see the emergence of “AI Treasurers,” which would be represented by artificial intelligence avatars.
The report mentions that even teams of people face limitations, notably with things like “spreadsheets and enterprise systems.”
“This is where the Agent AI financial system comes into play,” Pymnts explained. “Instead of merely serving as the unseen engine behind operations, the next generation of AI Treasurers could manifest as interactive and explainable agents. They could communicate to the CFO the rationale behind various decisions and explore alternative scenarios with the audience.
While the concept of avatars may invoke cartoon-like imagery, the report clarifies that the goal isn’t theatrical but aimed at building human trust.
“Avatars serve as an interface for increasingly complex decision-making systems. As algorithms transfer significant amounts of money across different jurisdictions, management seeks not only to understand what happened, but also why,” Pymnts noted. “A realistic or stylized avatar can facilitate understanding.”
