In a notable week for crypto markets, BlackRock's Ethereum ETF (ETHA) reached $10 billion in assets, making it the third-fastest ETF to achieve this milestone, taking just 251 days. The news comes amid MicroStrategy's plans to raise up to $2.5 billion through a preferred stock offering to bolster its Bitcoin acquisitions, despite ongoing legal challenges. Meanwhile, MARA Holdings, a key Bitcoin miner, faced a stock price decline of 12% after announcing a $950 million debt raise intended for operational expenses, acquisitions, and other obligations, not solely for Bitcoin purchases. Analysts suggested that MARA's stock drop may be a temporary setback, acknowledging its commitment to a HODL strategy, which focuses on holding Bitcoin rather than selling. As investor interest in Bitcoin and Ethereum ETFs rises, regulatory approval for in-kind share redemption could further accelerate market growth, though concerns about security remain.

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