Defiance Launches ETF Focused on Early-Stage Quantum Computing Firms

Defiance ETFs has launched the Defiance Long Pure Quantum ETF (QTUP), an actively managed fund targeting smaller, earlier-stage companies whose businesses are primarily focused on quantum computing and machine learning. The ETF complements Defiance’s flagship QTUM and leveraged QPUX funds by providing concentrated, unleveraged exposure to emerging quantum innovators. Under normal conditions, QTUP will invest at least 80% of assets in “Pure Quantum Companies,” defined as firms deriving at least 50% of revenue or operating activity from quantum computing or machine learning, with holdings spanning quantum hardware, software, communications, and sensing technologies.