Jensen Hwang said, "Delete money".Leveraged products 'debt' in IONQ crash [Now News]

2025.01.10 AM 07:49
Shares of IonQ, which was considered a beneficiary of quantum computers, plunged as CEO Nvidia Jensen Huang said, "It will take 30 years to commercialize quantum computers."

As a result, leveraged exchange-traded products (ETPs), which triple the stock price of IonQ, are also in the process of delisting, raising concerns about investor damage.

According to the financial industry on the 9th, the U.S. quantum computer startup IonQ closed at $30.25, down 39% from the previous day, on the New York Stock Exchange.

As a result, the leveraged product "LEVERAGE SHARES 3X LONG IONQETP" of the London Exchange, which follows IonQ three times, which is also handled by domestic securities firms, has been delisted.

Due to the leverage structure, if the underlying asset fell more than 33%, the yield reached -100%, forcing the liquidation of the product.

Earlier, at CES 2025, Jensen Huang gave a cautious outlook on the commercialization of the technology, saying, "The initial stage of quantum computers will take 15 years and 30 years to reach a useful level."

In addition to IonQ, the remarks have shocked the entire quantum computer-themed stocks, including Regeti Computing (-45.41%) and Silksk (-26.22%).

The aftermath is also a big situation for Western scholars.

South Korean investors hold about 4.5086 trillion won worth of IonQ shares, ranking fifth behind Tesla, Nvidia, Apple and Microsoft.

In other words, Koreans hold about a third of the market capitalization of IonQ.

The leveraged products traded in the country were also active investment targets.

Samsung Securities and Mirae Asset Securities are guiding investors on delisting and liquidation procedures.

Experts stressed the need to be alert to the risks of leveraged products and the risk of investing in thematic stocks through this case.

AI Anchor|Y-GO
Edit Caption | Line
Screen Source|X@IonQ_Inc

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