Anthropic AI ETFs Gain Attention as SpaceX Sparks Pre-IPO Demand

SpaceX has pushed pre-IPO technology exposure back into the center of ETF demand, and Anthropic is now the next name investors are searching for. In June 2026, iShares AI Innovation & Tech Active ETF(BAI) held $109 million of Anthropic preferred shares and $47 million of OpenAI preferred shares. At 1,500 won per dollar, that equals about 163.5 billion won and 70.5 billion won. The two private stakes are only about 1% of fund assets, but they create a public-market route to companies still outside normal stock trading.

The Pre-IPO ETF Race

T. Rowe Price Technology ETF held $3.2 million in Anthropic and $1.7 million in OpenAI, about 1.4% of its $345.4 million portfolio. KraneShares Public-Private AI & Technology ETF owns both SpaceX and Anthropic and has climbed more than 30% this year. Alger AI and growth ETFs with Anthropic exposure are up 20% to 25%.

What Korean Investors Should Watch

The headline names do not drive all returns. BAI and T. Rowe gains of 56% and 36% also reflect listed AI infrastructure holdings such as AMD, Intel, TSMC, SK hynix and Broadcom. Korean investors buying U.S.-listed ETFs face dollar-won moves, overseas ETF tax treatment, time-zone gaps, liquidity and private-share valuation risk. Position size, fees, hedging, NAV premium or discount and trading volume matter more than the brand name alone.