Conversion of animated cursors (.ani) to a GIF image (.gif) is definitely possible, but only one frame from the animation will be saved as a static GIF. Imagine .ani file as a series of pictures (frames) that are saved together to create the animated feel. So from a single .ani file, you could in theory export several images and save them as .gif files, or any other similar graphics. Or, you could saved it as animated GIF in programs that allow it.
Convert Animated cursor to Graphics interchange file format.
We have found 2 software records in our database eligible for .ani to .gif file format conversion.
Microsoft Windows software - convert ani to gif on Windows
A graphical art and design software
Convert from ani file format
The tables with software actions are a good pointer for what a certain program does with various file types and often may give users a good hint how to perform certain file conversion, for example the above-mentioned ani to gif. However, it is not perfect and sometimes can show results which are not really usable because of how certain programs work with files and the possible conversion is thus actually not possible at all.
A cursor editing and conversion utility