Stocks and ETFs related to quantum computing have recently attracted a lot of attention from the investment community. Stocks like IONQ, RGTI, QBTS and QUBT and ETFs including QTUM have recorded massive growth in the last 30 days. Let’s examine the scenario. Ready?
Call Options Rising for Quantum Computing Stocks
Reports suggest that the trade value of call options for quantum computing stocks such as IONQ, RGTI, QBTS and QUBT is now at least 2,500% above average. Reports add that the volume of call options on these stocks has increased almost 10 times in the last 30 days.
Since December 1, the IONQ market has grown by 28.88%, RGTI by 262.91% and QUBT by 197.71%.
Quantum Stock Comparison to Nvidia
In March 2024, Nvidia’s call options volume grew by at least 435% above average. Reports show that the latest performance of Quantum stocks is much more aggressive than that seen in the Nvidia market in March.
The impressive growth of the QTUM ETF
At the beginning of this year, the price of the QTUM ETF was $52.09. Since then, it has increased by 50.13%. At the beginning of this month, the price of the ETF was around $70.43. Since then, the market has seen growth of over 16.39%. At one point this month, the market hit a high of $86.66.
What the data reflects is ETF investors’ growing confidence in quantum computing technologies and their future potential.
A global market trend worth watching
The quantum computing sector is gaining momentum as a transformative market. The latest rise signals a possible shift in investors’ focus toward emerging technologies that could redefine industries.
In conclusion, quantum computing stocks are quickly gaining traction, with skyrocketing call options and ETF growth.
