Tech Stocks Wobble on Trade Concerns
Daniel Morgan, senior portfolio manager at Synovus Trust Company, discusses the factors putting stocks under pressure following a four-day rally. He joins Caroline Hyde on "Bloomberg Technology."
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7 top crypto ETFs: The best funds for investing in Bitcoin, Ethereum and more
Bitcoin has hit a number of all-time highs in 2025, and the Trump administration is prioritizing rules that open up the crypto world to more investment, including creating the U.S. Strategic Bitcoin Reserve. So it's no surprise that traders have been actively pushing up crypto prices on the positive shift in sentiment. But how do investors without crypto accounts — or those who are wary of dodgy cryptocurrency exchanges — get a piece of the cryptocurrency market? Simple. Crypto ETFs give anyone with a traditional brokerage account the ability to get exposure to the most popular cryptocurrencies — and more ETFs are on the way to the market. If you're looking to trade crypto through ETFs, it's vital to know exactly what's under the hood of the ETF, and that may not always be obvious by the fund's name. Broadly, traders have several types of crypto funds, depending on what they own. Direct ownership of cryptocurrencies: These ETFs — called spot ETFs — own cryptocurrencies, meaning their shares represent real stakes in the cryptocurrency. These funds closely track the price moves of their cryptocurrency. These funds tend to have relatively low management expenses (i.e. low expense ratios). Indirect exposure to cryptocurrencies: These ETFs use financial derivatives such as futures contracts, to mimic the cryptocurrency's performance. These funds may move in the direction of the cryptocurrency but often don't closely track the crypto's moves. These funds tend to have higher fees, because of the costs of trading. Some funds may try to double the performance of Bitcoin using derivatives, though at greater risk and cost. Options strategies with cryptocurrencies: Some newer funds may own spot ETFs and use options to generate income from the highly volatile asset, and then pay out that income as dividends to shareholders. These funds also have higher fees. Direct ownership of crypto- or blockchain-related stocks: Some crypto ETFs may invest in stocks of companies that profit on blockchain or other crypto-related companies. This ETF will track the fund's stocks and not really the performance of a cryptocurrency. These funds may have lower expense ratios, but you'll need to check each fund's fees. While ETFs owning Bitcoin, the most popular cryptocurrency, had existed for a few years before 2024, that year saw a big development as the Securities and Exchange Commission (SEC) approved trading in spot Bitcoin ETFs in January and then spot Ethereum ETFs later on. These spot ETFs allow investors to earn virtually the same return as the underlying crypto coin, since they own the cryptocurrency directly. So they're a great pick if you want to invest in these top crypto assets without having to open an account at a crypto exchange and deal with the headaches of handling the coins yourself. The fund company safeguards the crypto, and since ETFs are listed on the exchange, you can work with any of the best online brokers to buy them. For now, only Bitcoin and Ethereum are approved for spot ETFs, but that could change soon, as the crypto-friendly administration of President Donald Trump eases regulations on the sector. Already, dozens of applications for other crypto ETFs have been submitted, and funds for two of the most popular cryptocurrencies — Solana and Avalanche — are among the applicants. So investors may soon have a low-cost way to wager on the prices of many more cryptocurrencies. Below are some top cryptocurrency funds, including what the funds own, how much they charge (as a percentage of your investment) and how they may perform. The funds all feature low expense ratios. ETF (ticker) What it owns Expense ratio How it may perform iShares Bitcoin Trust (IBIT) Bitcoin 0.25% Tracks the returns of Bitcoin closely. Franklin Bitcoin ETF (EZBC) Bitcoin 0.19% Tracks the returns of Bitcoin closely. Fidelity Wise Origin Bitcoin Fund (FBTC) Bitcoin 0.25% Tracks the returns of Bitcoin closely. Bitwise Ethereum ETF (ETHW) Ethereum 0.20% Tracks the returns of Ethereum closely. Franklin Ethereum ETF (EZET) Ethereum 0.19% Tracks the returns of Ethereum closely. iShares Ethereum Trust (ETHA) Ethereum 0.25% Tracks the returns of Ethereum closely. VanEck Digital Transformation ETF(DAPP) Blockchain-related stocks 0.51% Tracks a set of blockchain stocks such as crypto exchanges. The expense ratios for the Bitcoin and Ethereum funds are low, particularly given the relatively high costs of trading cryptocurrency directly, even at some of the best crypto apps and exchanges. A $10,000 investment in the iShares Bitcoin Trust, the largest spot Bitcoin fund by assets, costs $25 per year, and you pay a proportional share of that each day you own the fund. As you can see in the table, the first three funds are all spot Bitcoin ETFs, so they own the crypto directly and the fund performs almost exactly like the cryptocurrency itself. Similarly, the Ethereum funds here are all spot funds, so they closely track the price of Ethereum. So they're a good substitute for trading these cryptocurrencies on your own through an exchange. Here are more of the best Bitcoin ETFs and best Ethereum ETFs. The final fund invests in blockchain and related crypto and infrastructure companies such as crypto exchange Coinbase and Strategy, a company that invests in Bitcoin directly through an elaborate process that could significantly magnify the returns, albeit at much greater risk. Returns at this crypto fund will reflect the weighted average performance of the fund's stocks, and it won't track any cryptocurrency directly, though it may rise and fall with the crypto market. Traders looking to buy a crypto ETF should know exactly what the fund owns so they can get the type of exposure and investment that they actually want. Each fund must report exactly how it's investing its money, so a quick search for the fund will tell you its specific strategy and what kinds of assets it owns — actual cryptocurrency, spot ETFs, futures contracts or stocks. Editorial Disclaimer: All investors are advised to conduct their own independent research into investment strategies before making an investment decision. In addition, investors are advised that past investment product performance is no guarantee of future price appreciation. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
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Quantum Computing Inc. To Participate in J.P. Morgan Qubit Series Fireside Chat
HOBOKEN, N.J., May 20, 2025 /PRNewswire/ -- Quantum Computing Inc. ("QCi" or the "Company") (Nasdaq: QUBT), an innovative, integrated photonics and quantum optics technology company, today announced that Dr. Yuping Huang, Interim Chief Executive Officer, and Chris Boehmler, Chief Financial Officer, will participate in a fireside chat as part of the J.P. Morgan Qubit Series on Tuesday, May 20, 2025, at 9:00 a.m. ET. Attendance is by invitation only for J.P. Morgan clients. Please contact your J.P. Morgan representative for access details. About Quantum Computing Inc. Quantum Computing Inc. (Nasdaq: QUBT) is an innovative, integrated photonics and quantum optics technology company that provides accessible and affordable quantum machines and TFLN foundry services to the world today. QCi's products are designed to operate at room temperature and low power at an affordable cost. The Company's portfolio of core technologies and products offer unique capabilities in the areas of high-performance computing, artificial intelligence, and cybersecurity, as well as remote sensing applications. Company Contact:Rosalyn Christian/John NesbettIMS Investor Relationsinvestors@ View original content to download multimedia: SOURCE Quantum Computing Inc. Sign in to access your portfolio
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'60 Minutes' correspondent Scott Pelley warns a CBS settlement with Trump would be 'very damaging'
"60 Minutes" correspondent Scott Pelley spoke out about President Donald Trump's lawsuit against CBS and its parent company on Saturday, arguing that a settlement would be "very damaging." "Well, it'd be very damaging to CBS, to Paramount, to the reputation of those companies," Pelley said during a conversation with CNN's Anderson Cooper on Saturday, who asked how harmful a settlement and potential apology would be to the network. Trump filed a lawsuit against Paramount Global, CBS News' parent company, over a "60 Minutes" interview with former Vice President Kamala Harris in October 2024. Fox News Digital confirmed that Trump rejected a $15 million offer to settle his lawsuit, according to a source familiar with the matter, as the president's legal team is also demanding at least $25 million and an apology from CBS News. Cooper, who is also a correspondent on "60 Minutes," also asked Pelley about former show producer Bill Owens resigning from the program in April. Cbs News Ceo Wendy Mcmahon Abruptly Resigns, Cites Disagreement With Company Amid 'Challenging' Period "Bill's decision to resign may not have been much of a decision for him because he was always the first person to defend the independence of '60 minutes.' Bill didn't work for Paramount. Bill worked for our viewers, and he felt very keenly about that. And so I'm not sure Bill had any choice, once the corporation began to meddle in Bill's decisions about the editorial content, or just place pressure in that area, Bill felt that he didn't have the independence that honest journalism requires," Pelley said. Read On The Fox News App Pelley also said he wished he had the public backing of CBS News, but added that his work was still making it onto the program. "You really wish the company was behind you 100%, right? You really wish the top echelons of the company would come out publicly and say '60 Minutes', for example, is a crown jewel of American journalism, and we stand behind it 100%. I haven't heard that. On the other hand, my work is getting on the air, and I have not had anyone outside '60 Minutes' put their thumb on the scale and say, 'you can't say that. You should say this. You have to edit the story in this way. You should interview this person.' None of that has happened. So while I would like to have that public backing, maybe the more important thing is the work is still getting on the air," Pelley said. The "60 Minutes" correspondent recently went viral for calling out Trump during a commencement address. '60 Minutes' Producer Defiant As Cbs Parent Company Mulls Settling Trump Lawsuit: 'I Will Not Apologize' "In this moment, this moment, this morning, our sacred rule of law is under attack. Journalism is under attack. Universities are under attack. Freedom of speech is under attack," Pelley said during his commencement speech at Wake Forest University. "And insidious fear is reaching through our schools, our businesses, our homes and into our private thoughts, the fear to speak in America. If our government is, in Lincoln's phrase, 'Of the people, by the people, for the people,' then why are we afraid to speak?" Pelley addressed the remarks during the CNN interview and told Cooper that he felt "strongly" it needed to be said. Click Here For More Coverage Of Media And Culture "I don't refer to him or the president or the White House or the administration. But I was talking about actions that have been taken by the government over these last many months. But, there was a little bit of hysteria among some about this speech, and I simply ask you, what does it say about our country when there's hysteria about a speech that's about freedom of speech?" the CBS correspondent added. Fox News' Joseph Wulfsohn contributed to this article source: '60 Minutes' correspondent Scott Pelley warns a CBS settlement with Trump would be 'very damaging'
