Quantum computing ETFs are booming this year. Here's why.
Source: Yahoo Finance Video ·
IonQ's (IONQ) new quantum error-correction decoder test is boosting the larger quantum computing industry (QTUM). The 8:30 Hosts Julie Hyman, Pras Subramanian, and Jake Conley outline the details in the video above.
From the source
IonQ's ( IONQ ) new quantum error-correction decoder test is boosting the larger quantum computing industry ( QTUM ). The 8:30 Hosts Julie Hyman, Pras Subramanian, and Jake Conley outline the details in the video above. Time now for this week's ETF report brought to you by PIMCO. And we have some interesting news today, sort of related to an ETF. There's an individual stock, IonQ, Quantum. Um, the quantum trade has been hot, hot, hot this year. It's hot and cold and hot and cold. Like it's pretty volatile. But overall, QTUM, which I believe is the largest ETF that tracks the quantum trade, is up 41% year to date. It's about a $5.7 billion ETF. And and IonQ is one of the bigger players within quantum. The shares are up 12% this morning. Um, it announced something that we are all struggling to understand. Uh basically it said it it developed and tested successfully the industry's, what it says is the industry's first end-to-end real-time quantum error correction decoder that runs on a…