Defiance ETFs Launches CROB, the First US-Listed ETF Dedicated to China's Humanoid Robotics Ecosystem

MIAMI, Aug 19 (Bernama) -- Defiance ETFs, a leading issuer of thematic and leveraged exchange traded funds, today announced the launch of the Defiance China Robotics ETF (Nasdaq: CROB), the first US-listed ETF dedicated to China's humanoid robotics ecosystem. CROB seeks to track the total return performance, before fees and expenses, of the Solactive China Humanoid Robotics Index, a rules-based index of Chinese companies engaged in the development, manufacturing, and supply of technologies essential for humanoid robotics, including AI driven robotics, motion control systems, precision actuators, and automation solutions.

Humanoid robots are moving from prototypes to production, and China has become a major center of that shift. China is home to major producers of many of the components that make a humanoid robot work: precision actuators, harmonic reducers, high precision motors, sensors, and motion control systems. At the same time, a new generation of Chinese robot makers is working to bring humanoids to commercial deployment at manufacturing scale, and humanoid robotics has been identified as a development priority by Chinese policymakers, including in the Ministry of Industry and Information Technology's 2023 Guiding Opinions on the Innovation and Development of Humanoid Robots. Most of these companies trade in Hong Kong or on the mainland, outside the reach of a typical US brokerage account. CROB is designed to give investors targeted access to that ecosystem in a single US-listed ETF.