BlackRock's Ethereum ETF (ETHA) has quickly reached $10 billion in assets, becoming the third-fastest ETF to achieve this milestone in just 251 days. This growth is significant considering the cautious start compared to Bitcoin ETFs, which had far greater initial trading volumes. Meanwhile, MicroStrategy is raising up to $2.5 billion through a new preferred stock offering, with plans to purchase more Bitcoin while facing lawsuits regarding its previous stock offerings. On the other hand, MARA Holdings experienced a 12% drop in stock value after announcing a $950 million debt raise, which is aimed at operations and acquisitions, not just Bitcoin purchases. Analysts still show optimism regarding MARA, with upgraded price targets despite anticipated short-term volatility. Key developments in the market include JP Morgan exploring the use of Bitcoin and Ethereum as collateral for loans and XRP's fluctuating market capitalization, reflecting the broader trends in the crypto ecosystem.

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