Krux
February 12, 2026
SEC Approves First-Ever AI-Only Managed ETFs in U.S.
Published: February 12, 2026 at 5:09 AM
Updated: February 12, 2026 at 5:09 AM
100-word summary
Israel's FINQ just launched AIUP and AINT—two ETFs where artificial intelligence makes *all* portfolio decisions, with humans only watching from the sidelines. The SEC greenlit these as the first fully AI-managed funds in the U.S. FINQ's system ranks all 500 S&P stocks daily using market, financial, and text data—claiming zero human bias or emotion. CEO Eldad Tamir calls it "data-only" decision-making, though analysts note AI stock-pickers have had mixed results historically. This could accelerate the shift toward algorithm-driven investing, testing whether machines can consistently outperform human fund managers at scale.
What happened
Israel's FINQ just launched AIUP and AINT—two ETFs where artificial intelligence makes *all* portfolio decisions, with humans only watching from the sidelines. The SEC greenlit these as the first fully AI-managed funds in the U.S. FINQ's system ranks all 500 S&P stocks daily using market, financial, and text data—claiming zero human bias or emotion. CEO Eldad Tamir calls it "data-only" decision-making, though analysts note AI stock-pickers have had mixed results historically.
Why it matters
This could accelerate the shift toward algorithm-driven investing, testing whether machines can consistently outperform human fund managers at scale.