Mentioned:
WQTM -8.69% IONQ -13.52% RGTI -14.53% QBTS -13.71%

One of America’s largest ETF companies is coming after the opportunity in quantum computing next.

What’s happening:

  • Asset management company WisdomTree has launched a new ETF on the Cboe known as the WisdomTree Quantum Computing Fund (CBOE: WQTM)

Why it matters:‍

  • WisdomTree is one of the largest ETF companies in America and has over $135B USD in assets under management

Going deeper:‍

  • The WisdomTree Quantum Computing Fund will allocate to individual quantum computing companies including IonQ (NYSE: IONQ), Rigetti Computing (NASDAQ: RGTI), D-Wave Quantum (NYSE: QBTS) as well as large technology giants who are venturing into quantum computing such as Google (NASDAQ: GOOG) and Nvidia (NASDAQ: NVDA)
  • WisdomTree has publicly stated they will pursue allocating to companies developing both software and hardware that is critical to scaling up quantum computing and quantum networks

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