BlackRock's Ethereum ETF (ETHA) reached $10 billion in assets in just 251 days, becoming the third-fastest ETF to achieve this milestone. MicroStrategy is raising up to $2.5 billion through a preferred stock offering to buy more Bitcoin amid ongoing class-action lawsuits. Despite raising significant funds, Marathon Digital Holdings (MARA) saw its shares drop 12% after announcing a $950 million raise, which will partially finance its operations and acquisitions. MARA currently holds Bitcoin worth about $5.8 billion, aligning closely with its market cap of around $6 billion. The share decline was noted even as analysts upgraded MARA's rating. This week’s developments reflect the active engagement of traditional finance with cryptocurrencies, including a potential move by JP Morgan to allow Bitcoin and Ethereum as loan collateral. Meanwhile, XRP's market capitalization fluctuated, risking dropping below $3 as it faced volatility in trading. As the landscape evolves, the implications for investors and the broader market continue to unfold.

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