BlackRock's Ethereum ETF, the iShares Ethereum Trust (ETHA), has reached $10 billion in assets in just 251 days, making it the third-fastest ETF to achieve this milestone. This growth occurs despite initial skepticism compared to Bitcoin ETFs, which launched earlier. BlackRock’s iShares Bitcoin Trust and Fidelity’s Wise Origin Bitcoin Fund reached their milestones in 34 and 53 days, respectively. Meanwhile, MicroStrategy is attempting to raise up to $2.5 billion through a preferred stock offering to acquire more Bitcoin, amidst lawsuits regarding amendments to past offerings. Concurrently, MARA Holdings, a major Bitcoin miner, saw its stock drop 12% after announcing plans to raise $950 million, not solely for Bitcoin purchases but also for expanding operations and paying off debts. Analysts suggest MARA's dip may be temporary, given the company's strategic focus on Bitcoin accumulation and the overall trajectory of Bitcoin's market performance.

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