BlackRock's Ethereum ETF, the iShares Ethereum Trust (ETHA), has quickly amassed $10 billion in assets, becoming the third-fastest ETF to reach this milestone within 251 days. Whereas Bitcoin ETFs debuted with $4.5 billion trading volume, Ethereum ETFs attracted only $1 billion initially. Meanwhile, MicroStrategy plans to raise up to $2.5 billion through a preferred stock offering to bolster its Bitcoin holdings, expanding on an earlier proposal for $500 million. The firm currently holds 607,770 Bitcoin worth $70.6 billion. In contrast, Marathon Digital Holdings (MARA) saw its stock dip 12% following news of a $950 million debt raise aimed at various corporate uses beyond Bitcoin purchases. Analysts view the stock drop as temporary, with potential growth tied to Bitcoin's performance. Additionally, there are developments regarding Bitcoin and Ethereum being considered as collateral for loans by JP Morgan, and XRP’s market cap fluctuated significantly, briefly overtaking major companies before retracing.

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