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Showing posts with the label concerns

Apple: Warren Buffett's Berkshire Hathaway to Sell $25B in AAPL in Q4

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Despite Apple being one of the most important and successful investments in their portfolio, Warren Buffett’s Berkshire Hathway is expected to sell a remarkable $25 billion in AAPL stock in Q4. Indeed, the sale continues what has been a trend of offloading the stock for the holding company. It has been a rather inconsistent year for Apple stock, as the company has failed to find its footing. Moreover, the ongoing sell-off by the Buffett-led holding company has sparked some concern. So, is there reason to believe the sales are a reflection of what investors can expect from the stock this year? Source: Unsplash Also Read: Apple (AAPL) Gets $184 Target: Can the Stock Really Crash 20%? Warren Buffett’s Berkshire Hathaway to Offload $25 Billion in Apple Stock in Q4 There have been some investors who are growing concerned with Apple stock. Returning US President Donald Trump has enacted an aggressive economic policy that could threaten a host of companies. With a trade war with Ch...

BlackRock files new bitcoin ETF application amid SEC’s concerns

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BlackRock has submitted a new application for a bitcoin spot market ETF after the SEC identified flaws in its initial filing. If approved, this would mark the first bitcoin spot ETF to receive regulatory clearance. In a new filing submitted through Nasdaq, the asset management firm revealed plans to address one of the main objections raised by the Securities and Exchange Commission (SEC) by finalizing a surveillance agreement with Coinbase, the leading US-based crypto exchange. The amended filing states that BlackRock’s proposed exchange-traded fund (ETF) will heavily rely on Coinbase, serving as the custodian and providing spot market data for pricing. The asset manager aims to establish a bilateral surveillance-sharing agreement called the Spot BTC SSA between Nasdaq and Coinbase to enhance market surveillance. This agreement is designed to complement the exchange’s existing market surveillance program. You might also like: Cameron Winklevoss slams SEC’s bit...