fintech / news / / The Manila Times
Largest and longest-tenured pure-play quantum ETF holds direct exposure to IBM, D-Wave, Rigetti, and other companies named in the federal funding initiative.
The Defiance Quantum Computing ETF (QTUM) has surpassed $5 billion in assets under management.
KEY POINTS
- A new $2 billion federal initiative includes direct equity stakes in U.S. quantum companies.
- IBM will receive a $1 billion award to anchor the new U.S.-based quantum chip foundry, Anderon.
- QTUM directly holds exposure to IBM, D-Wave Quantum, Rigetti Computing, IonQ, and Honeywell.
COMPANIES
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