On September 2, BlockBeats reported that Alibaba founder Jack Ma indirectly held about 11.15% of Yunfeng Financial through Yunfeng Fund. Yunfeng Financial has accumulated 10,000 ETH in the open market at a total investment cost of approximately $44 million. The purchased ETH has been categorized as part of the Group’s “investment assets”. This is not the first time a Chinese enterprise has publicly purchased crypto. As early as 2021, Hong Kong-listed tech company Meitu made its first move into digital assets through a subsidiary, acquiring 15,000 ETH (around $22.1 million) and 379 BTC (nearly $17.9 million). Subsequently, the company liquidated its holdings between late 2024 and early 2025, successfully doubling its net profit. Now, another heavyweight figure in China’s tech sector is indirectly adding crypto assets to corporate reserves, highlighting mainstream capital’s shifting stance on digital assets as part of modern asset allocation. Ethereum Market Gaining Momentum: Bullish Trend Likely to Continue At the same time, Ethereum’s market performance has been particularly strong. According to CoinMarketCap, as of early September 2025, ETH had surged25% from its mid-year low, peaking at $4,956. It has since pulled back to around $4,430, with a market cap of $533.2 billion. Multiple institutions predict further upside of ETH this year, driven by ETF inflows, rising institutional holdings, and favorable regulatory changes. Meanwhile, despite Bitcoin’s weaker short-term momentum, significant capital is rotating from BTC into ETH, fueling an “institutional bull market” for Ethereum. Investors are increasingly anticipating that ETH’s strength will eventually spark a broader rally across altcoins. Join HTX Earn with Ethereum: HTX Earn Bonanza with APY Boost of up to 6% on ETH As a world-leading one-stop crypto trading platform, HTX has long been committed to building a diverse suite of yield products. 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Backed by solid profitability and robust security, HTX has both the capacity and confidence to sustain these subsidies. Buy In Now: Is Jack Ma Chasing the Peak or Strategically Buying the Dip? From Jack Ma’s indirect ETH purchase through Yunfeng Financial to Ethereum’s strong market performance, the following trends can be observed: ● Institutional Attitudes Are Shifting: Prominent figures and enterprises are allocating part of their reserves into ETH, underscoring its strategic role in diversified asset portfolios. ● Prices Conditions Are Favorable Recently: ETH has surged significantly, and many institutions expect further growth. From Jack Ma to retail investors, Ethereum is evolving from institutional experimentation to a mainstream component of wealth allocation. HTX Earn offers users diversified crypto investment portfolios with low entry barriers, flexible participation, and attractive yields, allowing small and medium investors to benefit from the appreciation of digital assets. By keeping up with HTX’s latest updates, users can invest in crypto assets more rationally. To learn more about HTX, please visit https://www.htx.com/ or HTX Square , and follow HTX on X , Telegram , and Discord . The post Jack Ma Bets Big on Ethereum? Alibaba Founder Indirectly Invests in Ethereum: Signaling a “Digital Gold” Strategy for Asset Allocation first appeared on HTX Square .
