BlackRock's Ethereum ETF (ETHA) has quickly become the third-fastest ETF to reach $10 billion in assets, doing so in just 251 days. This contrasts with earlier skepticism following the launch of Ethereum ETFs, which didn't initially mirror the enthusiasm for Bitcoin ETFs. Meanwhile, MicroStrategy, now known as Strategy, is raising up to $2.5 billion through a preferred stock offering to increase its Bitcoin holdings, amidst ongoing class-action lawsuits regarding past stock amendments. As for MARA Holdings, its shares fell by 12% after announcing a $950 million debt raise intended not solely for Bitcoin acquisitions but also for operations and expansion efforts. Despite the fall in stock price, analysts are optimistic about MARA, suggesting the dip is temporary. These developments highlight ongoing investor reactions to high-profile financial maneuvers in the cryptocurrency space, with a focus on raising capital for Bitcoin.

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