BlackRock's Ethereum ETF (ETHA) achieved $10 billion in assets in just 251 days, making it the third-fastest ETF to reach this milestone, trailing behind Bitcoin ETFs by BlackRock and Fidelity. Despite initial slow uptake, investor sentiment has shifted positively. MicroStrategy plans to raise up to $2.5 billion through a preferred stock offering to bolster its Bitcoin holdings, which are currently valued at $70.6 billion, despite facing class-action lawsuits regarding past stock offering amendments. Meanwhile, shares of MARA Holdings fell by 12% following the announcement of a $950 million debt raise intended for various operational needs, including potential expansions, rather than solely Bitcoin purchases. Analysts remain optimistic about MARA's future prospects. Overall, the cryptocurrency market continues to evolve with these significant financial maneuvers, highlighting the increasing integration of institutional investment in digital assets.

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