May. 7 at 4:27 PM
$INFQ vs
$IONQ /
$QBTS /
$RGTI — the discount isn’t just “sentiment,” it’s ownership structure.
Older quantum de-SPAC names have had time to build passive ETF gravity:
•
$IONQ ~15% Vanguard/BlackRock
•
$QBTS ~12%
•
$RGTI ~17%
That matters because index + ETF mandates create a persistent mechanical bid — Russell, total market, small-cap, and “emerging tech” baskets are forced holders regardless of narrative.
$INFQ, on the other hand, is still early in that lifecycle. Fresh listing (Feb 2026), post-lockup, but not yet fully embedded in passive flows.
In these setups, valuation gaps often persist until index inclusion
catches up — then re-rating can be flow-driven, not just fundamental.
Translation: INFQ may not be “cheap vs peers”… it may simply be pre-passive ownership phase.
Curious about the full approach?👉 Check the @MeanReverter_
