In the latest crypto market developments, BlackRock's Ethereum ETF (ETHA) reached $10 billion in assets in just 251 days, marking it as the third-fastest ETF to achieve this milestone. This swift growth comes despite initial skepticism towards Ethereum ETFs compared to Bitcoin offerings. Meanwhile, MicroStrategy plans to raise up to $2.5 billion through a preferred stock offering to further increase its Bitcoin holdings, which currently amount to 607,770 BTC valued at $70.6 billion. The firm faces scrutiny due to class-action lawsuits arising from changes in its stock offering terms. Additionally, MARA Holdings' stock dropped 12% following the announcement of a $950 million debt raise aimed at operational expenses and strategic acquisitions, not solely for Bitcoin purchases. Analysts view these developments as part of a broader trend in the crypto market, highlighting the complexity and potential growth of crypto ETF offerings and institutional investments.

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