BlackRock's Ethereum ETF (ETHA) hit $10 billion in assets, reaching this milestone in just 251 days, making it the third fastest in history. This growth follows concerns over its initial reception compared to Bitcoin ETFs. Meanwhile, MicroStrategy is planning a preferred stock offering to raise up to $2.5 billion to buy more Bitcoin, while facing class-action lawsuits regarding amendments to previous stock offerings. In contrast, shares of MARA Holdings, a major Bitcoin miner, fell 12% after plans for a $950 million debt raise were announced, which will fund operations and acquisitions rather than solely Bitcoin purchases. Despite the dip in MARA’s stock, analysts upgraded their outlook on the company due to Bitcoin's performance. In the broader market, there was significant movement of Bitcoin to exchanges, contributing to widespread liquidations, raising concerns about the volatility in the crypto market.

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