BlackRock's Ethereum ETF, ETHA, reached $10 billion in assets in just 251 days, making it the third-fastest ETF to achieve this milestone. In light of massive trading volumes for Bitcoin ETFs earlier, ETHA's initial reception was lukewarm but investors now show renewed interest. MicroStrategy is attempting to raise $2.5 billion through a new preferred stock offering to expand its Bitcoin holdings, bringing its total to 607,770 Bitcoin worth around $70.6 billion. Meanwhile, MARA Holdings’ stock dropped by 12% following the announcement of a $950 million debt raise aimed at covering operational costs, strategic acquisitions, and not solely Bitcoin purchases. Analysts, however, believe this decline is minor, upgrading MARA's rating from Sell to Neutral, citing Bitcoin’s strong performance. Lastly, recent class action lawsuits against MicroStrategy add to the ongoing regulatory scrutiny in the crypto space, signaling potential hurdles ahead for companies engaged deeply with cryptocurrency investments.

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