Jack Ma-Linked Yunfeng Bets Big on Ethereum in Bold Web3 Pivot


U.S. spot Bitcoin ETFs attracted $986.9 million last week, extending their positive streak to three weeks as institutional demand recovered and BTC held near $80,000.

Bitcoin ETFs attracted $986.9 million in the week ending September 4, while Ethereum, Solana, XRP and Hyperliquid ETF inflows plunged after a strong late August run.

Liquid Network halted transactions after roughly 4,000 BTC worth $320 million was withdrawn from its federation wallet by purported white-hat hackers.
Hong Kong-listed Yunfeng Financial announced that it has purchased 10,000 ETH, totaling $44 million. Jack Ma, China's most renowned entrepreneur and founder of Alibaba, is a key associate of Yunfeng Financial. doc.irasia.com/listco/hk/yunf…
BREAKING: 🇨🇳 YUNFENG FINANCIAL LINKED WITH ALIBABA’S JACK MA BOUGHT 10,000 ETH WORTH $44 MILLION. THIS IS HUGE !!!!
🔥 BULLISH: Hong Kong-listed Yunfeng Financial, linked to Jack Ma, acquired 10,000 $ETH ($44M) to support its expansion into Web3 and tokenized finance.