BlackRock’s Ethereum ETF (ETHA) achieved remarkable growth, becoming the third-fastest ETF to reach $10 billion in assets in just 251 days. Despite a slow start compared to Bitcoin ETFs, recent figures indicate strong investor interest. Meanwhile, MicroStrategy announced a new preferred stock offering potentially raising $2.5 billion to buy more Bitcoin, amidst ongoing legal troubles regarding past offerings. The firm’s Bitcoin stash remains significant, with unrealized profits exceeding $70 billion. Conversely, MARA Holdings experienced a 12% drop in stock price after announcing a $950 million debt raise for various operational expenses rather than solely Bitcoin acquisition. Despite this, analysts view the stock's decline as a short-term issue, upgrading it based on Bitcoin’s performance. Additional industry developments include JPMorgan considering Bitcoin and Ethereum as loan collateral and fluctuations in XRP’s market capitalization.

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