QTUM: The Oldest Quantum Computing ETF And Its Newest Rival

Summarize this article with:
Sean Daly1.74K FollowersFollow5ShareSavePlay(9min)CommentsSummaryQuantum computing is positioned to revolutionize industries by addressing problems traditional computing cannot solve.The sector is projected to generate a $2 trillion economic impact by 2035.The current market sentiment is heavily influenced by hype, but long-term potential remains significant.While QTUM and WQTM both offer interesting, if differing, investment strategies for the sector, Defiance Quantum ETF is the better bet in our present market conditions. Olemedia/E+ via Getty Images Quantum computing has been hyped to the gills, but the nascent platform does have the potential to revolutionize industries. By dropping bits to leverage qubits via “entanglement” and “superposition,” quantum could offer up solution setsThis article was written bySean Daly1.74K FollowersFollowSean Daly writes on ETFs, biotech and FINTECH solutions in the banking space. He teaches international finance and financial risk management at Pace University and was a visiting lecturer at Princeton University from 2005 to 2009. He was educated at Columbia University. He has also written extensively on real estate and economic development, exploring issues as diverse as Chinese urbanization, CMI multilateral currency swap arrangements, energy geopolitics, and Asia's sovereign wealth funds. Global strategy and private equity background. Equity Approach: long/short, event-driven, with a focus on small cap biotech and the emerging markets.Analyst’s Disclosure: I/we have a beneficial long position in the shares of INFQ either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
