BTQ Technologies Corp. (NASDAQ: BTQ) shares made strong gains Monday. The company, a global quantum technology concern focused on securing mission-critical networks, is pleased to announce that it has been added to the Defiance Quantum ETF (NASDAQ: QTUM), a thematic exchange traded fund that seeks to track the performance of the BlueStar Machine Learning and Quantum Computing Index.
BTQ believes inclusion in QTUM broadens institutional and retail visibility for the Company as it advances quantum era security across mission critical networks, including post-quantum cryptography, quantum-secure hardware, and quantum security infrastructure.
"Being included in QTUM is a meaningful milestone for BTQ as we continue executing on our strategy to accelerate the transition from classical networks to the quantum internet," said BTQ CEO Olivier Roussy Newton. "We believe this inclusion broadens visibility with investors seeking exposure to companies building full stack quantum computing platforms and practical post quantum security solutions for mission critical industries."
QTUM is a thematic ETF designed to provide exposure to companies involved in quantum computing and machine learning and uses a passive approach tied to the BlueStar Machine Learning and Quantum Computing Index (BQTUM).
BTQ shares popped 24 cents, or 4.1%, to $6,14, while QTUM –dropped 58 cents to $110.78.
