BlackRock's Ethereum ETF (ETHA) has quickly reached $10 billion in assets, becoming the third-fastest ETF to achieve this milestone in 251 days. This rapid growth follows initial skepticism surrounding the launch of spot Ethereum ETFs. Meanwhile, MicroStrategy is raising up to $2.5 billion through a preferred stock offering to purchase more Bitcoin. This comes as the company faces a class-action lawsuit regarding amendments to previous stock offerings. MARA Holdings saw a 12% drop in its stock price after announcing a $950 million debt raise, intended for operations and acquisitions rather than solely Bitcoin purchases. As a dominant Bitcoin miner, MARA holds significant BTC in its treasury, which raises questions about its financial strategy amid declining stock values. Analysts remain cautiously optimistic about MARA’s long-term position, highlighting the shift in the mining landscape towards high-performance computing while reaffirming the miner's commitment to its Bitcoin holdings.

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