Ethereum is moving from mechanism exploration to a norm of wealth allocation.

On September 2, according to BlockBeats, Alibaba founder Jack Ma indirectly holds about 11.15% of the company's shares through Yunfeng Financial, which has cumulatively purchased 10,000 ETH on the open market, with a total investment cost of approximately 44 million USD. The purchased ETH is classified as the group's 'investment assets'.

This is not the first time a Chinese company has publicly purchased cryptocurrency. As early as 2021, the Hong Kong-listed tech company Meitu made its first foray into digital assets through its subsidiary, with its investment portfolio including 15,000 ETH (approximately 22.1 million USD) and 379 BTC (nearly 17.9 million USD). It subsequently exited at the end of 2024 to early 2025, successfully achieving a doubled net profit. Now, a heavyweight figure in China's tech industry has again indirectly included crypto assets in corporate reserves, reflecting mainstream capital's new attitude towards the allocation of digital currency assets.

Ethereum's market performance is gradually improving: it is expected to continue breaking through high positions.

At the same time, Ethereum's market performance has been impressive recently, gradually strengthening. According to CoinMarketCap data, as of early September 2025, Ethereum's cumulative increase from mid-year low to high reached 25%, peaking at around 4,956 USD. The current trading price has pulled back to about 4,430 USD, with a market value of 533.2 billion USD. Several institutions expect that driven by ETF inflows, corporate institutional holdings, and regulatory benefits, ETH is likely to continue climbing within the year.

In addition, although Bitcoin's short-term trend is weak, large funds are flowing from BTC to ETH, and Ethereum is welcoming its own "institutional bull market." What most people expect is that Ethereum's "bull market" performance will eventually bring about a widespread rally in altcoins.

Buy, buy, buy: Is Jack Ma chasing high prices or strategically bottom-fishing?

This time, from Jack Ma's news of purchasing ETH through Yunfeng Financial, to the strong performance of the Ethereum market, the following trends can be observed:

● Institutional attitudes shifting: Key figures and enterprises are allocating part of their assets to Ethereum, highlighting its strategic position among diversified assets.

● Positive price phase: Ethereum has recently surged rapidly, and many institutions expect further upward potential in the future.

From Jack Ma to ordinary users participating, Ethereum is transitioning from mechanism exploration to a norm of wealth allocation.#非农就业数据来袭 $ETH