This week's crypto market roundup highlights significant moves from BlackRock and MicroStrategy. BlackRock's Ethereum ETF (ETHA) quickly reached $10 billion in assets, becoming the third-fastest ETF to do so in 251 days, following Bitcoin ETFs from BlackRock and Fidelity, which reached this milestone considerably faster. Despite initial doubts, investor confidence appears to be building. MicroStrategy aims to raise up to $2.5 billion through a preferred stock offering to acquire more Bitcoin, with a current Bitcoin treasury valued at $70.6 billion. However, the company is also facing legal challenges over changes in its stock offerings. Meanwhile, Marathon Digital (MARA) announced plans to raise $950 million to bolster its Bitcoin purchases, causing its stock price to tumble by 12%. Despite this setback, analysts remain optimistic about the mining company, citing Bitcoin's strong performance as a positive indicator and adjusting their price targets accordingly.

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