BlackRock's iShares Ethereum Trust (ETHA) has become the third-fastest ETF to reach $10 billion in assets, achieving this milestone in just 251 days. This growth follows a lukewarm market response compared to Bitcoin ETFs. Meanwhile, MicroStrategy is raising up to $2.5 billion through a preferred stock offering to bolster its Bitcoin holdings amid ongoing class-action lawsuits. The company currently holds 607,770 BTC, worth approximately $70.6 billion. In addition, MARA Holdings announced a plan to raise $950 million, leading to a 12% stock drop, intended for operations and acquisitions rather than solely Bitcoin purchases. Analyst Ed Engel upgraded MARA's stock rating, indicating potential recovery despite market volatility. The article also touches on JP Morgan considering using Bitcoin and Ethereum as collateral for loans and XRP's fluctuating market capitalization, noting the ongoing developments impacting the cryptocurrency landscape.

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