BlackRock’s iShares Ethereum Trust (ETHA) reached $10 billion in assets in just 251 days, making it the third fastest ETF to achieve this milestone. This comes amid a contrasting scenario where MicroStrategy aims to raise up to $2.5 billion through preferred stock offerings to bolster its Bitcoin acquisitions, while facing lawsuits regarding previous stock offerings. MicroStrategy holds around 607,770 Bitcoin, valued at about $70.6 billion. In contrast, MARA Holdings announced a significant debt raise of $950 million for operations and acquisitions, causing its stock to drop 12%. Analysts suggest this dip is minor, with some upgrades expected as Bitcoin's performance remains strong. Additionally, there are discussions surrounding the potential regulation allowing crypto ETF issuers to redeem shares directly with Bitcoin or Ethereum, a move that could further accelerate market growth. Other key market movements include the fluctuations in XRP's market cap, and reports of JP Morgan considering Bitcoin and Ethereum-backed loans for clients.

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