The stock market has experienced volatility this month, stirred by the ongoing tensions between the US and China, which have shaken investor confidence.

However, with indications that the situation might stabilize and a full-scale trade war potentially being avoided, attention is now shifting to future prospects.

Historically, periods of uncertainty often lay the groundwork for the next major market rally.

For long-term investors, this could be an opportune time to focus on high-quality, growth-oriented exchange-traded funds (ETFs) positioned to lead the next market upswing.

Here are three ASX ETFs that could stand out when the next market boom occurs.

BETASHARES NASDAQ 100 ETF

The Betashares Nasdaq 100 ETF is a straightforward and effective way to gain exposure to some of the world's leading growth companies. It offers investors access to the 100 largest non-financial stocks on the Nasdaq index.

While technology companies dominate the fund, it's not limited to well-known household names. The Betashares Nasdaq 100 ETF portfolio includes global leaders such as Apple (NASDAQ: AAPL), Microsoft (NASDAQ: MSFT), Nvidia (NASDAQ: NVDA), Amazon (NASDAQ: AMZN), Starbucks (NASDAQ: SBUX), and Costco (NASDAQ: COST).

These businesses are highly profitable, globally diversified, and many are central to megatrends like artificial intelligence, cloud computing, and digital transformation. Should market optimism return and investors renew their focus on growth, the Betashares Nasdaq 100 ETF could once again be a frontrunner.

iShares MSCI USA Momentum Factor ETF

The Betashares Australian Momentum ETF provides investors with a unique approach to capturing strong-performing Australian shares. Unlike traditional index funds, this ETF dynamically adjusts its holdings based on momentum, focusing on shares that are already trending higher.

This strategy can be particularly effective in rising markets, as it methodically identifies and holds the shares that are leading the advance. Currently, the Betashares Australian Momentum ETF portfolio includes Qantas Airways Ltd (ASX: QAN), Coles Group Ltd (ASX: COL), and Evolution Mining Ltd (ASX: EVN), a mix of cyclical and defensive stocks reflecting current market sentiment.

If market confidence improves and Australian equities regain upward momentum, this ETF's strategy is designed to automatically capitalize on the strongest trends without the need for frequent trading.

BETASHARES CLOUD COMPUTING

The Betashares Cloud Computing ETF is another promising ASX ETF to consider. It offers investors exposure to the robust long-term growth story of global cloud adoption.

Businesses across various industries are continuing to transition their operations, data, and services online, and this transformation remains in its mid-stages.

The Betashares Cloud Computing ETF holds a portfolio of companies at the forefront of this revolution, including Shopify (NASDAQ: SHOP), ServiceNow (NYSE: NOW), and Salesforce (NYSE: CRM). These firms provide essential digital tools, infrastructure, and platforms that enable modern enterprises to operate efficiently and scale globally.