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A nationwide coordinated crackdown on retail crime — what authorities are calling the first of its kind — led to hundreds of arrests in 28 states last week.

The blitz, led by Illinois’ Cook County regional organized crime task force, involved more than 100 jurisdictions and over 30 retailers including Home Depot, Macy’s, Target, Ulta Beauty, Walgreens, Kroger and Meijer.

“When you give specific focus to a crime, it reverberates,” Cook County Sheriff Tom Dart told CNBC. “When they see it is being prosecuted and taken seriously, it deters conduct. They don’t want to get caught.”

Organized retail crime — a type of shoplifting where groups of thieves work together in targeted operations to turn stolen goods into cash — has grown in scale and scope in recent years. CNBC previously reported on the extensive law enforcement efforts to take down retail crime organizations.

While aggregate numbers for retail theft are difficult to quantify, retailers reported 93% more shoplifting incidents on average in 2023 compared with 2019, according to a survey conducted by the National Retail Federation. Those surveyed also reported a 90% increase in the associated dollar losses over that same time period.

Some critics point to a lack of enforcement and felony thresholds for allowing criminals to continue committing theft. It’s something Cook County State’s Attorney Eileen O’Neill Burke has been focused on since taking office in December.

On her first day in office, O’Neill Burke said prosecutors would pursue felony retail theft charges in accordance with state law, when the value of the goods exceeds $300 or when the suspect already has a felony shoplifting conviction.

Before her taking office, retail theft felonies were charged only if the value of the stolen goods was $1,000 or more or if the suspect had 10 or more prior convictions.

Since Dec. 1, the Cook County State’s Attorney’s Office has filed charges in 1,450 felony retail theft cases, the office said.

The goals of the coordinated operation, O’Neill Burke told CNBC, is “to have one day where we focus and concentrate on [retail theft] and we share intelligence about it — about what we learned about the network, so that gives us more tools on how to take this network down.”

It was the coordination between law enforcement and prosecuting attorneys that got a number of the involved retailers to participate in the blitz.

“Collaboration is key to making a meaningful impact,” Ulta Beauty Senior Vice President of Loss Prevention Dan Petrousek told CNBC. “That’s why we were proud to participate in the National ORC Blitz alongside dedicated law enforcement and prosecutorial partners.”

Ulta Beauty had teams participating across nine states in last week’s operation, providing law enforcement with information on incidents of retail crime.

“Organized retail crime remains one of the most significant challenges in our industry,” said Marty Maloney, Walgreens director of media relations. “In this most recent operation we worked closely with law enforcement partners across nearly 20 cities and at over 40 locations to help curb this trend.”

A representative for Home Depot told CNBC that while overall theft is down, investigated incidents of organized retail crime are still up double digits year over year.

Now that the operation has concluded, the group is pulling together each jurisdictions’ observations and sharing data to continue to help crack down on retail theft.

Other participating retailers reached for comment by CNBC, including Macy’s, T.J. Maxx and Target, said they’re committed to partnering with law enforcement and pushing for stronger laws to combat retail crime.

California Highway Patrol arrests retail crime suspect in Long Beach, CA.Courtesy: California Highway Patrol.

This post appeared first on NBC NEWS

Snacktime is nigh at the Golden Arches.

On June 3, McDonald’s announced exactly when the Snack Wrap will return to partipating restaurants nationwide: July 10. And, thankfully, it’s not a limited-time offer, either — it’s here for good.

The Snack Wrap, which has been off menus for almost a decade, features one of the chain’s new McCrispy Strips — a chicken strip made with all-white meat — and is topped with shredded lettuce and shredded cheese, wrapped in a flour tortilla.

This go-round, the Snack Wrap comes in two flavors: Spicy, which McDonald’s says “brings the heat with a habanero kick” reminiscent of its Spicy McCrispy sandwich; and Ranch, which “delivers a satisfying burst of cool ranch goodness,” according to the brand, along with hints of garlic and onion.

Customers can get the Snack Wrap on its own or as a combo meal, which will come with two wraps, a medium fries and your drink of choice.

It’s been a long journey for Mickey D’s devotees: On Dec. 5, Joe Erlinger, president of McDonald’s USA, first revealed that the Snack Wrap was on its way back while discussing the new McValue menu.

“The Snack Wrap will be back in 2025,” Erlinger said at the time, declining to reveal the exact date. “It has a cult following, I get so many emails into my inbox about this product.”

Then, on April 15, the chain teased the official release date: “snack wraps 0x.14.2025,” it posted on X, without specifying the month.

Now, for the official rollout, McDonald’s is leaning into the fact that for years, fans have inundated the chain with pleas to reinstate the item after it was kicked off menus in 2016. A Change.org petition started in 2021 in its honor garnered over 17,000 signatures, and fans resorted to posting TikToks and making dedicated Instagram accounts devoted to bringing it back.

While the chicken-craving masses waited for the Snack Wrap’s return, other fast-food chains have dropped their own versions: In March 2023, Wendy’s introduced its Grilled Chicken Ranch Wrap; in July 2023, Taco Bell reintroduced its Crispy Chicken Taco for a limited time; and in August 2023, Burger King launched BK Royal Crispy Wraps for a limited time, too.

Most recently, a single day before McDonald’s announcement, Popeyes dropped its own Chicken Wraps as a limited-time offer. Let the wrap battle commence.

This post appeared first on NBC NEWS

The NBA’s 3-point shot has enemies.

Too many 3s, they say. The shot is ruining the game, they say.

And those critics of the 3-point shot found ammunition in the Eastern Conference semifinals of this season’s playoffs when the Boston Celtics attempted 60 3-pointers and missed 45 against the New York Knicks. The guffawing ignored the fact that Boston’s 3-point shooting was instrumental in its 2023-24 championship season and in its 61-21 record this season.

Regardless of your aesthetic view of how basketball should be played and what it should look like, the 3-point shot has turned divisive but remains vital to winning championships.

Of the past 15 champions, 13 were either top 10 in 3s made per game or top 10 in 3-point percentage. Nine were in the top 10 in both categories during the regular season, including last season’s Celtics. They were No. 1 in makes per game and No. 2 in percentage and outscored Dallas 210-144 on 3-pointers in a five-game Finals series.

How important has the 3-point shot become? Two decades ago, teams averaged 15.8 3-point attempts and 5.6 makes per game and shot 35.6% on 3s. This season, teams attempted 37.6 3s and made 13.5 per game and shot 36%. Five players including Golden State’s Steph Curry and Boston’s Jayson Tatum shot at least 10 3s per game in 2024-25.

“The fact now that you can’t play in this league unless you can shoot, that even 7-footers have to be able to shoot these days and have to be able to shoot at long range, I actually think that’s a beautiful thing,” NBA commissioner Adam Silver said at All-Star Weekend in February.

Live by the 3-pointer, die by the 3-pointer

How important has the 3-point shot become?

In 2010, the Los Angeles Lakers were 13th in 3s made per game at 6.5 during the regular season. During their run to the championship, they were fourth in 3s made per game at 6.8 and 11th in percentage at 33%.

The 3-point shot will play a significant role in the outcome of the Finals. If you can’t make enough 3s, you can’t win today.

“I’ll say this about the 3-point line and the volume, the plus has been, and I think you’ve seen a lot of that this season in particular, it lets and allows teams to always think they’re never out of big deficits,” Basketball Hall of Famer Reggie Miller said when asked by USA TODAY Sports. “We saw some incredible comebacks this year, teams being down 20, 24, 28 points and teams being able to get back in the ballgame strictly enforced by that 3-point line.”

Look at the moments the 3-point shot has provided in the past six weeks:

  • Golden State’s Buddy Hield made 9-of-11 3s in a Game 7 victory against Houston in the first round.
  • The Pacers’ comeback from 17 down in the fourth quarter against New York included 7-of-8 on 3s in the final 4:45 of regulation in Game 1 of the Eastern Conference finals.
  • Indiana star Tyrese Haliburton’s 3-pointer with 1.1 seconds left in the fourth quarter led to a 120-119 victory against Cleveland in Game 2 of the East semifinals.
  • Minnesota set a franchise record for made 3s in a playoff game with 21 against the Lakers in Game 1 of the first round.
  • Aaron Gordon made a 3-pointer with 3.6 seconds left, giving Denver a 121-119 victory over Oklahoma City in Game 1 of the Western Conference semifinals.

Why has the shot become divisive? Critics complain it has taken a lopsided influence on games, rendered low-post play unfashionable, led to stagnant offense with too many players hovering at the 3-point line and created too many bad shots from players who shouldn’t be taking 3s.

In a paper presented at the influential MIT Sloan Sports Analytics Conference, two Syracuse University professors posited that a  ‘dispremium’ has been placed on 3-point shots and that the value of a 2-point shot is greater than the value of a 3-pointer when taking into account foul shots and some players should be taking fewer 3s.

Kirk Goldsberry, the author of “Sprawlball,” a former executive with San Antonio and now a professor, has analyzed shot selection and location and recently posted a suggestion on social media: Eliminate corner 3s.

Others have suggested giving defenders leeway to play more physical behind the 3-point line.

The topic has reached the highest level of the league office. Silver and key participants in the league’s basketball operations staff, including president of league operations Byron Spruell and executive vice president of strategy and analytics Evan Wasch, are monitoring.

Silver and his staff give thoughtful consideration to how the game is played, how it is viewed and the entertainment value, but there are not signs major changes are coming.

“I’ve also learned, having been around this game for a long time, not to overreact,” Silver said. “I do think it’s a beautiful game. … I’m never going to say there isn’t room for improvement. We’ll continue to look at it and study it, but I am happy with the state of the game right now.”

Steph Curry and his 3-pointer revolutionized the NBA

The shot’s influence is undeniable.

Curry’s 3-point shooting has revolutionized basketball. The Warriors have won four titles since 2015, Curry is the game’s all-time leader in made 3-pointers, has demonstrated that a 38-foot shot is a good shot – for some players – and has delivered some of the game’s biggest and best highlights.

If fans are so put off by the shot, tell that to the thousands who show up early to watch Curry go through his pregame shooting routine.

“Steph Curry without the 3, he’s not Steph Curry,” TV analyst and former NBA coach Stan Van Gundy said. “I think it’s been great.”

Curry gets a kick out of the debate. During the 2015 Finals between Golden State and Cleveland, then-ABC analyst and former Warriors coach Mark Jackson said Curry was hurting the game at large with not just his 3-point shooting but the distance from which he attempted shots. Jackson said he saw too many young kids in the gym trying to shoot 3s without proper form and from too far away.

“That impact is pretty surreal to me just because that’s the way that I’ve seen the game since I was a kid,” Curry said. “I love expanding my range, but even more, I love the work that goes into earning and deserving that confidence.

“That’s the message that I preach all the time is I want everybody to be inspired, if you love basketball, to be able to shoot and get better and stretch your range and shoot 5-, 10 feet outside the 3-point line, I would love you to be inspired to do that, but you’ve also got to work at it, too.’

Follow NBA reporter Jeff Zillgitt on social media @JeffZillgitt

This post appeared first on USA TODAY

The 2025 Masters winner spoke for the first time Wednesday about his failed driver test at last month’s PGA Championship and defended his decision to skip speaking with reporters throughout the major tournament. McIlroy said during a pre-tournament news conference at the PGA Tour’s RBC Canadian Open outside Toronto that part of his silence was due to being ‘pretty annoyed’ only his failed driver test was leaked to the public and not also Scottie Scheffler, according to Golfweek.

Scheffler later revealed he also was ruled to have had a non-conforming driver during PGA Championship week.

“I was a little pissed off because I knew that Scottie’s driver had failed on Monday, but my name was the one that was leaked. It was supposed to stay confidential. Two members of the media were the ones that leaked it,’ McIlroy said. ‘I didn’t want to get up there and say something that I regretted, either, because there’s a lot of people that — I’m trying to protect Scottie. I don’t want to mention his name. I’m trying to protect TaylorMade. I’m trying to protect the USGA, PGA of America, myself. I just didn’t want to get up there and say something that I regretted at the time. With Scottie’s stuff, that’s not my information to share. I knew that that had happened, but that’s not on me to share that, and I felt that process is supposed to be kept confidential, and it wasn’t for whatever reason. That’s why I was pretty annoyed at that.”

McIlroy had a disappointing showing at the 2025 PGA Championship on the heels of becoming just the sixth golfer in history to complete the sport’s career grand slam. He finished in a tie for 47th (+3) and was never in contention after shooting a 74 in the first round. The RBC Canadian Open, which begins with first-round action on Thursday, is McIlroy’s first PGA Tour event since the PGA Championship.

But it was McIlroy’s cold shoulder to reporters throughout the second major of the year that became as much the story as his performance. In explaining why he chose to do that, McIlroy called the PGA Championship ‘a bit of a weird week.’

He played poorly and wanted to practice after the first round, rather than speak with reporters. The second day of the tournament ended late and he wanted to get back to see his daughter, Poppy, before she went to bed. His tee time on Saturday got delayed from the morning to the afternoon and he felt too tired to speak with reporters afterwards.

‘Then Sunday, I just wanted to get on the plane and go back to Florida,’ McIlroy said.

“From a responsibility standpoint, look, I understand, but if we all wanted to, we could all bypass you guys … and we could go on social media and we could talk about our round and do it our own way,” McIlroy added, addressing reporters and the PGA Tour media policy. “We understand that that’s not ideal for you guys and there’s a bigger dynamic at play here, and I talk to you guys and I talk to the media a lot.’

‘I think there should be an understanding that this is a two-way street,’ he continued, ‘and as much as we need to speak to you guys, we understand the benefit that comes from you being here and giving us the platform and everything else. So I understand that. But again, I’ve been beating this drum for a long time. If they want to make it mandatory, that’s fine, but in our rules it says that it’s not, and until the day that that’s maybe written into the regulations, you’re going to have guys skip from time to time, and that’s well within our rights.”

McIlroy also declined to speak with reporters after he blew a late lead with bogeys on three of the final four holes at the 2024 U.S. Open. His silence at the PGA Championship comes after a similar discussion emerged when Collin Morikawa declined to hold a session with reporters after he finished in second place at the Arnold Palmer Invitational in March.

Though Morikawa took criticism from golfers-turned-commentators like Brandel Chamblee and Rocco Mediate, McIlroy came to his defense. McIlroy is slated to play in the 2025 U.S. Open at Oakmont Country Club beginning June 12 after his appearance at the RBC Canadian Open this week.

This post appeared first on USA TODAY

Texas softball needed one swing of the bat to come away with a win in Game 1 of the national championship series against Texas Tech on Wednesday.

Longhorns catcher Reese Atwood came up to bat with runners on second and third with two outs in the bottom of the sixth inning, as Texas trailed 1-0. Texas Tech and ace pitcher NiJaree Canady opted to intentionally walk Atwood, however, Canady’s pitch in a 3-0 count got too much plate, and Atwood roped a single into left field to give Texas a 2-1 lead, which stood.

The pitch was a brutal mistake for the Red Raiders, as Canady was having no issues with Texas’ lineup until leaving a pitch meant to be out of the strike zone over the plate. Longhorns pitcher Teagan Kavan was also outstanding, allowing one run on three hits with three strikeouts.

Atwood’s first hit at the 2025 WCWS came at a perfect time, and Texas moves one win away from its first national title in program history.

Here are the highlights from Texas’ 2-1 win over Texas Tech on Wednesday:

Texas vs Texas Tech softball highlights

Texas vs Texas Tech softball live score

This section will be updated

Texas vs Texas Tech softball live updates

This section will be updated

Texas wins Game 1

Reese Atwood’s two-run single is enough to win it, as Teagan Kavan shuts the door in the top of the seventh to secure Texas’ 2-1 win.

Kavan goes seven innings, allowing one run on three hits with three strikeouts.

Reese Atwood gives Texas 2-1 lead

Wow, Texas Tech opts to intentionally walk Texas’ best hitter in Reese Atwood with two outs and two runners on base, but Atwood swings anyway and drives in two runners on a single to left field.

What a swing from Atwood, who gives Texas a 2-1 lead. Texas’ social media account also threw some shade at the umpires in its post of Atwood’s swing.

Texas puts runners on 1st and 3rd base with 2 outs

Texas puts runners on first and third after Kayden Henry and Mia Scott hit back-to-back singles with two outs.

NiJaree Canady up to 5 strikeouts

NiJaree Canady is now through five scoreless innings, allowing only one hit on five strikeouts. She is dealing against the Longhorns.

Victoria Hunter nearly hits game-tying home run

Texas designated player Victoria Hunter blasts a pitch from NiJaree Canady over the left-field fence, but the ball narrowly falls left of the foul pole. That ball was crushed, but unfortunately for Texas was not in fair territory.

Texas Tech takes 1-0 lead

An obstruction and an error come back to haunt Texas, as Mihyia Davis bloops a single into shallow right field that scores Logan Halleman from second base.

Texas Tech leads 1-0 after the controversial call.

Texas Tech gets runner in scoring position

Logan Halleman reaches first base with one out after an infield error by Kaydee Bennett before Halleman then appears to get thrown out at second base by catcher Reese Atwood. Halleman got to stay at second, however, as the umpiring crew found there was obstruction on the tag attempt.

Texas Tech with a runner in scoring position with two outs in the top of the fifth inning.

3-up, 3-down for Canady

NiJaree Canady sets Texas down in order once again, raising her strikeout total to four on the night. Canady has been nails through four innings.

Bailey Lindemuth also made a nice play on a groundball in the bottom of the fourth inning.

Pitchers’ duel in full force

Teagan Kavan and NiJaree Canady have been sensational so far, as the game is still tied at 0-0 heading into the bottom of the fourth inning. Kavan has allowed two hits with two strikeouts and Canady has allowed one hit with three strikeouts.

One run for either team might be enough for a win at this rate.

ESPN broadcast honors Geri Ann Glasco

Former Georgia and Oregon softball player Geri Ann Glasco, the son of Texas Tech coach Gerry Glasco, was coached by now-Texas coach Mike White with the Ducks. Geri Ann tragically died in a car accident in 2019, which was set to be her first year on Glasco’s staff at Louisiana.

Now, her former coach and dad are facing off for a national title.

Patrick Mahomes sends gift to Texas Tech softball

Three-time Super Bowl-winning quarterback Patrick Mahomes is giving back to his alma mater, as he sent a gift to Texas Tech softball that included a letterman jacket and Adidas shoes. Mahomes and the Red Raiders are both sponsored by the sports brand.

NiJaree Canady works around walk in 2nd inning

NiJaree Canady hits Katie Stewart with a pitch but forces three outs on balls in play to get out of the second inning. Canady has faced seven hitters through two innings.

Texas Tech also goes 1-2-3

No issues for Teagan Kavan to start the second inning, as she forces two groundouts and a flyout. Both pitchers for Texas and Texas Tech look good so far.

Texas goes 1-2-3 in 1st inning

NiJaree Canady gets a groundout and two strikeouts for an easy first inning, as she only needed 12 pitches.

Texas gets out of jam

Mia Scott fields a groundball and fires home, getting out the lead runner before NiJaree Canady is thrown out by the catcher at first base to complete the 5-2-3 double play.

Teagan Kavan then gets an inning-ending groundout, getting out of the early jam. Texas Tech squanders its opportunity.

Texas Tech with runners on first and third

Hailey Toney follows up with another single, putting runners on first and third base with no outs. Texas Tech with an early scoring chance in the top of the first inning.

Texas Tech with leadoff single

Nice start for Texas Tech, as leadoff Mihyia Davis swings at the first pitch and ropes a single into left field. We’re underway from Oklahoma City.

Texas-Texas Tech starting pitchers

As expected, Texas is starting Teagan Kavan and Texas Tech is starting NiJaree Canady in the circle. It’s a rematch from their regular season matchup that went nine innings and ended with a 2-1 Texas win.

Texas softball lineup

  1. RF Ashton Maloney
  2. CF Kayden Henry
  3. 3B Mia Scott
  4. C Reese Atwood
  5. 1B Joley Mitchell
  6. LF Katie Stewart
  7. SS Leighann Goode
  8. DP Victoria Hunter
  9. 2B Kaydee Bennett

Texas Tech softball lineup

  1. CF Mihyia Davis
  2. SS Hailey Toney
  3. 1B Lauren Allred
  4. P NiJaree Canady
  5. 2B Alexa Langeliers
  6. RF Alana Johnson
  7. LF Demi Elder
  8. C Victoria Valdez
  9. 3B Bailey Lindemuth

What time does Texas vs Texas Tech softball start?

  • Time: 8 p.m. ET
  • Date: Wednesday, June 4
  • Location: Devon Park (Oklahoma City)

First pitch for Game 1 of the WCWS finals is scheduled for 8 p.m. ET from Devon Park in Oklahoma City.

What TV channel is Texas vs Texas Tech softball on today?

  • TV channel: ESPN
  • Streaming: ESPN app | ESPN+

Game 1 of the national championship series between Texas and Texas Tech will air live on ESPN, with streaming options on the ESPN app (with a cable login) and ESPN+, the latter of which serves as the network’s streaming service.

WCWS schedule

  • Wednesday, June 4: Texas vs. Texas Tech | 8 p.m. | ESPN (ESPN+)
  • Thursday, June 5: Texas vs. Texas Tech | 8 p.m. | ESPN (ESPN+)
  • Friday, June 6: Texas vs. Texas Tech | 8 p.m. | ESPN (ESPN+) *

* If necessary

The biggest stories, every morning. Stay up-to-date on all the key sports developments by subscribing to USA TODAY Sports’ newsletter.

This post appeared first on USA TODAY

OpenAI on Wednesday announced that it now has 3 million paying business users, up from the 2 million it reported in February.

The San Francisco-based startup rocketed into the mainstream in late 2022 with its consumer-facing artificial intelligence chatbot ChatGPT, and began launching workplace-specific versions of the product the following year.

The 3 million users include ChatGPT Enterprise, ChatGPT Team and ChatGPT Edu customers, OpenAI said.

“There’s this really tight interconnect between the growth of ChatGPT as a consumer tool and its adoption in the enterprise and in businesses,” OpenAI’s chief operating officer Brad Lightcap told CNBC in an interview. The company supported 400 million weekly active users as of February.

OpenAI expects revenue of $12.7 billion this year, a source confirmed to CNBC. In September of last year, the company expected to see an annual loss of $5 billion on $3.7 billion in revenue, according to a person close to the company who asked not to be named because the financials are confidential.

Lightcap said OpenAI is seeing its business tools adopted across industries, including highly regulated sectors like financial services and health care. Companies including Lowe’s, Morgan Stanley and Uber are users, OpenAI said.

The company also announced new updates to its business offerings on Wednesday.

ChatGPT Team and ChatGPT Enterprise users can now access “connectors,” which will allow workers to pull data from third-party tools like Google Drive, Dropbox, SharePoint, Box and OneDrive without leaving ChatGPT. Additional deep research connectors are available in beta.

OpenAI launched another capability called “record mode” in ChatGPT, which allows users to record and transcribe their meetings. It’s initially available with audio only.

Record mode can assist with follow up after a meeting and integrates with internal information like documents and files, the company said. Users can also turn their recordings into documents through the company’s Canvas tool.

Lightcap said enterprise customers have been asking for updates like these, and that they will help make OpenAI’s workplace offerings more useful.

“It’s got to be able to do tasks for you, and to do that, it’s got to really have knowledge of everything going on around you and your work,” Lightcap said. “It can’t be the intern locked in a closet. It’s got to be able to see what you see.”

OpenAI said it has been signing up nine enterprises a week, and Lightcap said the company will try to sustain that pace over time.

“People are starting to really figure out that this is a part of the modern tool stack in the knowledge economy that we live in,” he said.

This post appeared first on NBC NEWS

In this market update, Frank breaks down recent developments across the S&P 500, crypto markets, commodities, and international ETFs. He analyzes bullish and bearish chart patterns, identifies key RSI signals, and demonstrates how “Go No Go Charts” can support your technical analysis. You’ll also hear updates on Ethereum, Bitcoin, the Spain ETF, silver miners, USO (oil), and sector ETFs like XLP and XLV.

This video originally premiered on June 3, 2025.

You can view previously recorded videos from Frank and other industry experts at this link.

In this video, Dave shares his weekly stock scan strategy used to identify bullish stock trends. He illustrates how to set up this powerful scan, reveals the tips and tricks he uses to identify the most constructive patterns, and explains the four winning chart setups that tend to come up week after week.

Whether you’re a beginner or seasoned trader, this guide will enhance your charting process and help you uncover winning trade setups using technical analysis.

This video originally premiered on June 3, 2025. Watch on StockCharts’ dedicated David Keller page!

Previously recorded videos from Dave are available at this link.

Cryptocurrency investors have experienced a real rollercoaster in the last few years — the likes of Bitcoin, Ethereum and Ripple have had incredible highs and crashes, and investors have seen big gains and losses in tandem.

Despite that volatility, many market participants are still interested in how to enter and make money in the cryptocurrency sector. But depending on how you look at it, perhaps the bigger story is blockchain technology, the backbone of crypto.

A blockchain is a digitized and decentralized public ledger that has many applications in different industries as a way to provide transparency. In the crypto realm, blockchain is used to record all cryptocurrency transactions, and it is also the mechanism through which some digital currencies like Bitcoin are “mined” into existence.

The technology has become a popular investment in its own right for savvy investors. Not only are there many blockchain-focused tech stocks, large companies like Meta Platforms (NASDAQ:META), IBM (NYSE:IBM) and Microsoft (NASDAQ:MSFT) have invested in blockchain technology. These corporations see the potential for blockchain to play a role in sectors such as driverless vehicles, food safety and fintech.

For those new to the blockchain space, deciding on a specific company to invest in may seem overwhelming, especially with the current market uncertainty around cryptocurrency price movements.

That’s where exchange-traded funds (ETFs) come in. What are blockchain ETFs? In simple terms, ETFs are marketable securities that track an index, a commodity, bonds or a basket of assets like an index fund. ETFs trade like a stock on an exchange, and each ETF owns its underlying assets, dividing them up into shares that are available to investors.

For those interested in diving into the blockchain investing market using ETFs, the list below includes the top five best blockchain ETFs by total assets as per information on ETF.com as of May 28, 2025.

1. Amplify Transformational Data Sharing ETF (ARCA:BLOK)

Total assets: US$893 million

The Amplify Transformational Data Sharing ETF launched in January 2018. This fund invests in diverse areas of the blockchain sector, such as companies with blockchain platforms, companies developing blockchain applications and blockchain mining companies.

Amplify is an actively managed blockchain ETF, which makes it stand out against the other ETFs on this list. It has 51 holdings with an expense ratio of 0.73 percent. The Amplify Transformational Data Sharing ETF’s top holdings include Metaplanet (OTCQX:MTPLF,TSE:3350), Robinhood Markets (NASDAQ:HOOD) and Galaxy Digital (TSX:GLXY,NASDAQ:GLXY).

2. VanEck Digital Transformation ETF (NASDAQ:DAPP)

Total assets: US$182 million

The VanEck Digital Transformation ETF launched in April of 2021 and tracks the price and yield performance of the MVIS Global Digital Assets Equity Index. The index is tied to the performance of companies whose revenues are at least 50 percent accrued from the digital assets economy, including exchanges, crypto miners and other crypto infrastructure companies.

DAPP has 22 holdings, 63 percent of which are headquartered within the United States, and has an expense ratio of 0.51 percent. Its top holdings include Strategy (NYSE:MSTR), Coinbase Global (NASDAQ:COIN) and Metaplanet.

3. Fidelity Crypto Industry and Digital Payments ETF (NASDAQ:FDIG)

Total assets: US$170 million

The Fidelity Crypto Industry and Digital Payments ETF, which launched in April 2022, also tracks the performance of companies involved in the cryptocurrency, blockchain technology and digital payments processing sectors. It has an expense ratio of 0.4 percent, the lowest on this list.

Of its 49 holdings, 73 percent are headquartered in the United States and 45 percent are involved in the Technology Services sector. Its top holdings include Coinbase Global, MARA Holdings and CleanSpark (NASDAQ:CLSK).

4. Global X Blockchain (NASDAQ:BKCH)

Total assets: US$162 million

Launched in July 2021, the Global X Blockchain ETF is a relatively new blockchain ETF. It tracks the price and yield performance of the Solactive Blockchain Index with a focus on companies in a variety of blockchain segments, such as, but not limited to, digital asset mining, blockchain applications, and blockchain and digital asset transactions.

At 0.5 percent, this blockchain ETF has the second-lowest expense ratio on the list. Global X Blockchain has 28 holdings, including Coinbase Global, Riot Platforms (NASDAQ:RIOT) and MARA Holdings (NASDAQ:MARA).

5. First Trust Indxx Innovative Transaction & Process ETF (NASDAQ:LEGR)

Total assets: US$99 million

The First Trust Indxx Innovative Transaction & Process ETF also launched in January 2018. First Trust has two types of companies it selects from for its portfolio: companies that employ blockchain and firms that develop it.

The fund consists of 102 holdings, including companies like NVIDIA (NASDAQ:NVDA), Advanced Micro Devices (NASDAQ:AMD) and Taiwan Semiconductor Manufacturing (NYSE:TSM). It has an expense ratio of 0.65 percent.

Securities Disclosure: I, Melissa Pistilli, hold no direct investment interest in any company mentioned in this article.

This post appeared first on investingnews.com