AI-Themed ETFs Soar Amid Sector Turbulence
JP Morgan Asset Management's latest report highlights the growing trend of investors betting on AI-themed exchange-traded funds (ETFs). Despite a difficult quarter for the sector's price performance, AI-themed ETFs have seen significant growth in assets under management (AUM), with a total of $67 billion. This is more than any other sector, including infrastructure, which has an AUM of around $60 billion.
The trend is so pronounced that Jon Maier, chief ETF strategist at JP Morgan, notes that 'many [themes] are morphing towards AI and the ecosystem surrounding AI.' He believes this will continue in the future.
The report also reveals that ETFs provide more liquidity to markets than initially apparent. In some periods of high volatility, ETF volume accounted for almost 50% of total exchange volume in the US. This is evident as ETFs are traded on both the primary and secondary markets, with about $5.5 million in daily trading volume.
The growth in AI-themed ETFs has also led to increased interest in the broader cryptocurrency market. The AI narrative was second in mindshare among all crypto categories in Q2 2026, according to CoinGecko, with a 11.2% share of mindshare closely behind meme coins at 12.1%. This suggests that the AI sector could catalyze the next crypto bull run.
The market cap of AI tech stocks continues to grow, with tokenized stocks on Robinhood reaching $20 million in just three weeks after launch. Notably, Nvidia, SpaceX, Tesla, Micron, Apple, and Google contribute significantly to this growth.