Explosive Growth of Quantum Computing ETFs
In the U.S. stock market, the Defiance Quantum ETF (QTUM), an ETF related to quantum computing, has been receiving significant attention recently. This month alone, $250 million has flowed into QTUM, a result that likely follows Google's quantum computer development news, which led to a 17.2% surge in QTUM. This ETF includes 72 quantum computing-related stocks, cementing its position as a major option for those looking to invest in quantum computing.
However, investment in the quantum computing theme is not limited to the Defiance Quantum ETF. The KOSEF America Quantum Computing ETF also draws market attention, indicating a necessity to consider such diverse ETFs for a diversified investment strategy in quantum computing. As quantum computing technology is still in its early stages, it's essential to disperse risk through multiple avenues.
Meanwhile, Google's latest Willow chip announcement has significantly impacted stocks related to quantum computing. As a result, shares of Alphabet, Google's parent company, have risen, while shares of IonQ have fallen. This market reaction emphasizes the varying impacts technological advancements can have on different companies.
Related News
Quantum Computing ETF and Google - Korea EconomyQuantum Computing ETF and Google, Reporter Shin Seong-ho, News
After AI, 'Quantum Computers'...Money Pours into ETFs - SBS BizOn the New York Stock Exchange, 'quantum computing' is emerging as a new theme, drawing funds into ETFs that include stocks of related companies. According to Bloomberg on the 24th, the 'Defiance Quantum ETF' (QTUM), which contains stocks related to quantum computing, saw an inflow of $250 million this month, marking the largest monthly influx since its listing in 2018...