News
  • Qadir AK
    author-profile

    Qadir AK right arrow

    Author

    Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space.

    • author facebook
    • author twitter
    • linkedin

  • 1 minute read

Quantum Computing Stocks Surge: QTUM Price Gains 50% YTD

Story Highlights
  • Stocks and ETFs related to quantum computing have experienced significant growth in recent weeks.

  • Call option trading volume for quantum computing stocks has surged dramatically which could mean further price increases.

  • The strong performance of quantum computing investments reflects growing investor confidence.

Stocks and ETFs linked to quantum computing have recently gained significant attention, showing remarkable growth in the last 30 days. With companies like IONQ, RGTI, QBTS, and QUBT, alongside ETFs such as QTUM, experiencing rapid gains, the sectorโ€™s performance is worth exploring. Letโ€™s dive in.

Call Options on the Rise

Call options trading for quantum computing stocks has reached record highs. Stocks like IONQ, RGTI, QBTS, and QUBT have seen trading values for call options soar by over 2,500% compared to the average. Additionally, the volume of call options has increased nearly tenfold in just one month.

Since December 1, several quantum computing stocks have achieved significant gains:

  • IONQ: Up 28.88%
  • RGTI: Up 262.91%
  • QUBT: Up 197.71%

These numbers surpass even Nvidiaโ€™s performance earlier this year. In March 2024, Nvidiaโ€™s call options volume rose by 435% above averageโ€”a remarkable achievement. Yet, the surge in quantum stocks is even more striking, underlining their growing appeal.

QTUM ETF: A Top Performer!

The QTUM ETF has emerged as a strong contender. It began the year priced at $52.09 and has since climbed by 50.13%. At the start of this month, QTUM was trading at $70.43, and it has grown another 16.39% to peak at $86.66.

What the data reflects is ETF investorsโ€™ growing confidence in quantum computing technologies and their future potential.  

A Global Market Trend Worth Watching 

Quantum computing is increasingly seen as a groundbreaking field with the potential to reshape industries like healthcare and finance. The recent surge in quantum-related stocks and ETFs indicates a shift in investor focus toward technologies that could drive innovation on a massive scale.

Quantum computing stocks and ETFs are gaining significant momentum, marked by soaring call options and robust market gains.

With momentum building, quantum technologies are set to turn today’s investments into tomorrow’s breakthroughs.

Never Miss a Beat in the Crypto World!

Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more.

FAQs

How Does Quantum Computing Work

Quantum computing uses the principles of quantum mechanics to process information, leveragingย qubitsย that can represent both 0 and 1 simultaneously, enabling it to solve complex problems much faster than traditional computers.

Can Quantum Computers Affect Bitcoin Security in the Future?

Quantum computers may impact Bitcoinโ€™s security in the future, but current technology is not advanced enough to break its encryption.

Show More

Related Articles

Back to top button