Bitget CEO ‘not very optimistic’ on recovering funds from $388M breach
Published . Updated .
Gracy Chen said she saw the 2025 Bybit hack as a “good reference point” for Bitget’s security breach, noting that only a small percentage of funds had been frozen or recovered.
Directly affected
- No company is named in this report.
Indirectly affected
- TUR ISHARES INC
GA selected TUR as a RELATED security because its curated list / industry / sector context matches this event (curated-list=funds). This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.
- SLV ISHARES SILVER TR
GA selected SLV as a RELATED security because its curated list / industry / sector context matches this event (curated-list=funds). This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.
- QID PROSHARES TR
GA selected QID as a RELATED security because its curated list / industry / sector context matches this event (curated-list=funds). This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.
- XLI SELECT SECTOR SPDR TR
GA selected XLI as a RELATED security because its curated list / industry / sector context matches this event (curated-list=funds). This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.
- FXI ISHARES CHINA LARGE-CAP ETF
GA selected FXI as a RELATED security because its curated list / industry / sector context matches this event (curated-list=funds). This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.
- SPTE SP FUNDS S&P GLOBAL TECHNOLOGY ETF
GA selected SPTE as a RELATED security because its canonical security name directly matches this event's themes: funds. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.
Price reaction, T-5 to T+3
Gracy Chen said she saw the 2025 Bybit hack as a “good reference point” for Bitget’s security breach, noting that only a small percentage of funds had been frozen or recovered.
Source: Cointelegraph
How far Ishares (TUR) has moved since 29 Sep 2026
Since the first closing price after “Bitget CEO ‘not very optimistic’ on recovering funds from $388M breach,” Ishares (TUR) is -6.04%. The S&P 500 fund (SPY) is +0.56% over the same days, a -6.60% difference versus the market.
Who gains and who loses around Ishares (TUR)
Companies mentioned with this story
- TUR Ishares
Ishares (TUR) is linked, with no stored direction, medium confidence in the 29 Sep 2026 story “Bitget CEO ‘not very optimistic’ on recovering funds from $388M breach.” Reason on file: GA selected TUR as a RELATED security because its curated list / industry / sector context matches this event (curated-list=funds). This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
- SLV iShares Silver Trust
iShares Silver Trust (SLV) is linked, with no stored direction, medium confidence in the 29 Sep 2026 story “Bitget CEO ‘not very optimistic’ on recovering funds from $388M breach.” Reason on file: GA selected SLV as a RELATED security because its curated list / industry / sector context matches this event (curated-list=funds). This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
- QID Proshares Tr
For “Bitget CEO ‘not very optimistic’ on recovering funds from $388M breach,” Proshares Tr (QID) is linked, with no stored direction, medium confidence. Reason on file: GA selected QID as a RELATED security because its curated list / industry / sector context matches this event (curated-list=funds). This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
- XLI Select Sector Spdr Tr
Select Sector Spdr Tr (XLI) is linked, with no stored direction, medium confidence in the 29 Sep 2026 story “Bitget CEO ‘not very optimistic’ on recovering funds from $388M breach.” Reason on file: GA selected XLI as a RELATED security because its curated list / industry / sector context matches this event (curated-list=funds). This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
- FXI Ishares China Large-Cap Etf
For “Bitget CEO ‘not very optimistic’ on recovering funds from $388M breach,” Ishares China Large-Cap Etf (FXI) is linked, with no stored direction, medium confidence. Reason on file: GA selected FXI as a RELATED security because its curated list / industry / sector context matches this event (curated-list=funds). This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
- SPTE Sp Funds S&P Global Technology Etf
For “Bitget CEO ‘not very optimistic’ on recovering funds from $388M breach,” Sp Funds S&P Global Technology Etf (SPTE) is linked, with no stored direction, medium confidence. Reason on file: GA selected SPTE as a RELATED security because its canonical security name directly matches this event's themes: funds. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
Ishares (TUR)
On 29 Sep 2026, “Bitget CEO ‘not very optimistic’ on recovering funds from $388M breach” is the story that connects Ishares (TUR) to this story.
Ishares (TUR) is on the page because GA selected TUR as a RELATED security because its curated list / industry / sector context matches this event (curated-list=funds). This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
A second company, iShares Silver Trust (SLV), is listed for a different reason: GA selected SLV as a RELATED security because its curated list / industry / sector context matches this event (curated-list=funds). This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
Dates and price levels for Ishares (TUR)
QID traded between 12.41 and 14.82 across 12 sessions. The latest close on file is 14.00. SLV traded between 50.01 and 61.00 across 20 sessions. The latest close on file is 51.52. TUR traded between 31.78 and 37.86 across 20 sessions. The latest close on file is 31.79.
How strong the case is around Ishares (TUR)
46 out of 100
“Bitget CEO ‘not very optimistic’ on recovering funds from $388M breach” scores 46 out of 100. The score uses 1 sources, and 6 linked companies.