For any matrix $B$, the matrix $B^TB$ will be symmetric and positive semidefinite. This matrix is sometimes referred to as the "Grammian matrix" or the "covariance matrix" associated with $B$.
The matrix $Q^T(B^TB)Q$ will be symmetric and positive definite as well. It will also be similar to the matrix $B^TB$. Note that this matrix can also be written in the form $(BQ)^T(BQ)$.