Skylar CIO: AI & Power Story Will Play Out Over Years

Skylar CIO Bill Perkins has launched an exchange-traded fund focused on short-dated electricity futures in the PJM and ERCOT markets. The fund allows investors to bet directly on power price fluctuations rather than utility stocks. This financial instrument responds to rising electricity demand, which analysts anticipate will grow significantly over the coming years due to increased domestic manufacturing and the infrastructure needs of artificial intelligence.