BlackRock's Ethereum ETF, trading as ETHA, has reached $10 billion in assets just 251 days after launch, becoming the third fastest ETF to hit this milestone. This follows initial skepticism alongside its July 2024 introduction, which lagged behind the explosive opening of Bitcoin ETFs. MicroStrategy is also making headlines, raising up to $2.5 billion through a new preferred stock offering aimed at acquiring more Bitcoin, despite facing class-action lawsuits regarding its financial practices. Meanwhile, MARA Holdings, a major Bitcoin miner, saw its stock fall 12% after announcing a $950 million debt raise to fund various operational needs, not just Bitcoin purchases. Analysts, however, caution about potential future pullbacks due to seasonal trends but maintain a positive outlook on MARA's long-term strategies focused on Bitcoin holdings.

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