BlackRock's Ethereum ETF (ETHA) has successfully reached $10 billion in assets within 251 days, marking it as the third-fastest ETF to achieve this milestone. This performance comes after a rocky start compared to Bitcoin ETFs, which saw higher trading volumes upon debut. Meanwhile, MicroStrategy is making headlines by planning to raise up to $2.5 billion through a preferred stock offering to bolster its Bitcoin holdings, despite facing class-action lawsuits regarding prior stock offering amendments. In a related development, MARA Holdings saw its stock price fall after announcing a $950 million debt raise aimed at operational costs and acquisitions rather than solely Bitcoin purchasing. Lastly, the article highlights analysts’ expectations for increased growth in crypto ETFs as issuers propose innovative features, such as in-kind redemptions, which could enhance market acceptance and participation.

Source 🔗