Grayscale Files for Quantum Computing ETF—A New Gateway for Investors to Tap the Next Big Tech Disruption

Grayscale Investments, best known for its cryptocurrency funds, is now setting its sights on the next major tech frontier—one that many retail investors have been eagerly anticipating: quantum computing. In a first-mover play, the asset manager has filed with the U.S. Securities and Exchange Commission (SEC) to launch the Grayscale Quantum Computing ETF, aiming to give investors access to one of the most advanced and transformative fields in science and technology.

While quantum computing still sounds like something out of a sci-fi movie, Grayscale is betting that it’s inching closer to commercial reality. Think of it as the next gold rush—only instead of shovels, this time it’s superconducting chips, cryogenic coolers, and algorithms powerful enough to crack codes or simulate molecules. The proposed ETF would aim to capture this growing field by investing in companies working on both the hardware and software sides of quantum tech.

Who Might Be Included in the ETF?

The ETF will focus on businesses developing quantum processors, chips, and circuits, as well as those building out cloud-based Quantum-Computing-as-a-Service (QCaaS) platforms and encryption technologies. Supporting infrastructure is also in scope, including cryogenic cooling systems and algorithm simulators. To qualify, companies must be listed in developed or emerging markets, have at least $100 million in market cap, and trade over $1 million daily on average over three months.

This means established players like IBM (IBM), Honeywell (HON), and NVIDIA (NVDA), all of which have quantum research efforts, could be contenders for the fund. It may also include smaller pure-play firms like IonQ (IONQ) and Rigetti Computing (RGTI), which are focused exclusively on quantum hardware and software development.

While the technology holds promise—from revolutionizing drug discovery to breaking modern cryptography—it’s still early days. Commercial-scale quantum computers remain years away, and investing in the sector involves high risk and high uncertainty. Grayscale’s approach appears designed to balance innovation with financial safeguards by filtering for liquidity and market maturity.

If approved, the ETF could launch as early as mid-August 2025. For investors seeking early exposure to the quantum story without betting on a single winner, this ETF could provide a less risky entry point into a future where computing power may finally outpace imagination.

Using TipRanks’ Comparison Tool, we’ve analyzed several companies that are likely to be included in the upcoming Quantum Computing ETF. This tool provides investors with a comprehensive view of each stock and the broader industry landscape, enabling them to make smarter, more informed investment decisions.