BlackRock's Ethereum ETF (ETHA) has quickly reached $10 billion in assets within 251 days, becoming the third-fastest ETF to do so, despite initial skepticism compared to Bitcoin ETFs. MicroStrategy is launching a preferred stock offering aimed at raising up to $2.5 billion for further Bitcoin purchases, amid ongoing class-action lawsuits regarding previous stock offerings. Meanwhile, MARA Holdings' stock dropped 12% following its announcement of a $950 million debt raise for operational uses, including strategic acquisitions. Analysts believe MARA's recent dip may be temporary, with upgrades in the stock price forecast driven by Bitcoin's performance. Furthermore, there are expectations that the SEC might approve simplifications for crypto ETFs, allowing for easier share transactions related to Bitcoin and Ethereum. Cryptocurrency volatility continues, showcased by recent market moves, including significant Bitcoin transfers to exchanges associated with large-scale key holders.

Source 🔗