A tiny exchange‑traded fund holding just $2.5 million in assets suggests software companies are far from dying. The fund, barely known outside niche circles, has quietly increased holdings in several SaaS names after the 2026 "SaaSpocalypse" scare.

The AI‑driven market shift warned that fewer developers would be needed and that license sales could shrink. Yet the fund's recent inflows point to sustained demand for cloud‑based services and a resilient revenue model.

Investors eye this trend as a bellwether for the broader tech sector. The fund’s growth underscores that software remains a core engine for growth, even as automation reshapes workforces. This signals that valuations may recover faster than analysts predicted.

Concrete takeaway: the modest fund’s performance indicates that software companies continue to generate solid returns, challenging the narrative that AI will render them obsolete.