We consider the short-range-interaction disordered quantum spherical model with a symmetrical binary -bond distribution on the Bethe lattice (with coordination number z). The system exhibits a quantum phase transition separating the spin-glass and disordered phases, where the quantum effects are regulated by a parameter describing the kinetic energy. The model admits, in the spherical limit, an exact solution both in the spin-glass phase and in the disordered phase. The quantum dynamics is examined via various correlation functions on the infinite tree, which are evaluated in closed form. A closed-form solution for the averaged free energy has been obtained, and various thermodynamic functions are explicitly derived in the form of low-temperature expansions.