Stocks•19 June 2026•
1 min read

ProShares Files for FAB 10 ETF to Link Investors with OpenAI and SpaceX

Key Facts

1ProShares filed for a 'FAB 10' ETF featuring major AI players including OpenAI, Anthropic, and SpaceX alongside Nvidia.

In a move reflecting the ongoing push to broaden access to artificial intelligence investments, ProShares has filed for the 'FAB 10' ETF. The new fund is designed to track a concentrated group of industry leaders, including prominent private firms such as OpenAI, Anthropic, and SpaceX. According to reports, this initiative seeks to provide investment exposure to the next generation of AI technologies beyond traditional mega-cap stocks.

This trend emerges amidst significant momentum in the tech sector, with Nvidia (NVDA) priced at $210.69 and Microsoft (MSFT) at $379.40 per market data as of the June 18, 2026 close. Compared to peers, AMD is trading at $537.37 while Alphabet (GOOGL) stands at $368.03 (June 18, 2026 close), reinforcing the demand for investment vehicles that bridge public and private valuations to maximize returns in this vital field.

Investors should watch NVDA levels, which recently hit a high of $211.39, and MSFT trading near $379.40 (as of the June 18, 2026 close). As the market awaits regulatory approval for the ETF, attention remains on global economic data, such as the recently reported 4.5% growth in Chinese industrial production, which could impact global tech supply chains in the near term.