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Significant increase in fund inflows into the unnamed Quantum-related ETF - Google announces breakthrough progress.
December 25, 2024 11:29 JST
Defiance Quantum ETF (QTUM) has risen 17% this month.
QTUM is linked to quantum computing-related stocks such as Alphabet.
The listed exchange-traded fund (ETF) 'Defiance Quantum ETF' has been in a similar situation to other high-tech funds with low expectations for most of its 6-year history. Unable to break away from the losing investments scattered across the ETF market due to mediocre returns and low investor interest.
However, when Alphabet's Google announced a significant advancement in quantum computing earlier this month, the situation changed drastically. Inflows of funds into the same ETF (security code QTUM) are increasing at an unprecedented rate.
Defiance Quantum ETF (QTUM) has risen 17% this month.
QTUM is linked to quantum computing-related stocks such as Alphabet.
The listed exchange-traded fund (ETF) 'Defiance Quantum ETF' has been in a similar situation to other high-tech funds with low expectations for most of its 6-year history. Unable to break away from the losing investments scattered across the ETF market due to mediocre returns and low investor interest.
However, when Alphabet's Google announced a significant advancement in quantum computing earlier this month, the situation changed drastically. Inflows of funds into the same ETF (security code QTUM) are increasing at an unprecedented rate.
QTUM, which is linked to quantum computing-related stocks, received inflows of approximately $250 million (about 39 billion yen) in December. It has recorded the largest monthly inflows since its inception in 2018, according to Bloomberg data. The ETF has risen 17% this month. Until the end of last year, the net fund inflows were $164 million.
Following the news of Google's significant achievements in quantum computing using the new quantum chip 'Willow,' the inflows of funds began to increase. According to Google, their quantum computers can complete calculations that would take about 10^25 years on a supercomputer in just 5 minutes.
Following the news of Google's significant achievements in quantum computing using the new quantum chip 'Willow,' the inflows of funds began to increase. According to Google, their quantum computers can complete calculations that would take about 10^25 years on a supercomputer in just 5 minutes.
In response to this announcement, Alphabet's stock price has risen, and other stocks related to quantum computing have also risen in the past few days.
Bloomberg Intelligence (BI) analyst Athanasios Psarofagis pointed out, "Quantum is experiencing the same moment as artificial intelligence (AI) did last year. Many quantum-related stocks are not widely held among ETFs, so QTUM is definitely the only specialized ETF."
Bloomberg Intelligence (BI) analyst Athanasios Psarofagis pointed out, "Quantum is experiencing the same moment as artificial intelligence (AI) did last year. Many quantum-related stocks are not widely held among ETFs, so QTUM is definitely the only specialized ETF."
QTUM tracks an index composed of D-Wave Quantum, Rigetti Computing, IonQ, as well as stocks like Alphabet and NVIDIA.
D-Wave, a Canadian company that first sold quantum computers in 2011, has seen its stock price surge over 800% year to date. On the other hand, Rigetti's stock has risen by over 1000%.
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NOIR(のあ) : Pinhane-san,
Thank you always for the information. I wanted to Buy a little Defiance Quantum ETF, is it currently suspended for sale?
ピンハネ OP NOIR(のあ) : Good evening.![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
We are selling QTUM.![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
It is currently $83.87.![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
NOIR(のあ) ピンハネ OP : Thank you. I pressed OK for the transaction precautions. It seems like I can proceed with the purchase.
koji_7364 : How can I buy QTUM?
This security is currently not available for trading.
もかだよん : I can't afford it either.
ピンハネ OP koji_7364 : Good evening.![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
Please ask MOOMOO Securities.![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
ピンハネ OP もかだよん : Good evening.![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
Please ask MOOMOO Securities.![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
koji_7364 : When I inquired, it seems that it is not available. At the moment, it seems that it is a Commodity ETF that is not registered with the Financial Services Agency.