Bitget ‘gradually back to usual’ as protection fund reaches $309M
Published . Updated .
Bitget CEO Gracy Chen said that a protection fund created by the company in 2022 “absorbed the financial impact of the incident“ that resulted in $388 million in user losses.
Directly affected
- No company is named in this report.
Indirectly affected
- JPM JPMorgan Chase
Bank profits move with lending and interest rates
- BAC Bank of America
Bank profits move with lending and interest rates
- WFC Wells Fargo
Bank profits move with lending and interest rates
- C Citigroup
Bank profits move with lending and interest rates
- GS Goldman Sachs
Bank profits move with lending and interest rates
- MS Morgan Stanley
Bank profits move with lending and interest rates
- XLF Financial Select Sector SPDR
A fund of financial companies
- KBE SPDR S&P Bank
A fund of bank stocks
- KRE SPDR S&P Regional Banking
Regional banks are sensitive to deposits and rates
- TUR ISHARES INC
GA selected TUR as a RELATED security because its curated list / industry / sector context matches this event (curated-list=fund). 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
Bitget CEO Gracy Chen said that a protection fund created by the company in 2022 “absorbed the financial impact of the incident“ that resulted in $388 million in user losses.
Source: Cointelegraph
Price since this story was published: Ishares (TUR)
Since the first closing price after “Bitget ‘gradually back to usual’ as protection fund reaches $309M,” Ishares (TUR) is -7.55%. The S&P 500 fund (SPY) is +0.33% over the same days, a -7.88% difference versus the market.
Who gains and who loses around Ishares (TUR)
Companies mentioned with this story
- TUR Ishares
For “Bitget ‘gradually back to usual’ as protection fund reaches $309M,” Ishares (TUR) is linked, with no stored direction, medium confidence. Reason on file: GA selected TUR as a RELATED security because its curated list / industry / sector context matches this event (curated-list=fund). This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
- SLV iShares Silver Trust
For “Bitget ‘gradually back to usual’ as protection fund reaches $309M,” iShares Silver Trust (SLV) is linked, with no stored direction, medium confidence. Reason on file: GA selected SLV as a RELATED security because its curated list / industry / sector context matches this event (curated-list=fund). This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
- QID Proshares Tr
In “Bitget ‘gradually back to usual’ as protection fund reaches $309M,” 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=fund). 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 30 Sep 2026 story “Bitget ‘gradually back to usual’ as protection fund reaches $309M.” Reason on file: GA selected XLI as a RELATED security because its curated list / industry / sector context matches this event (curated-list=fund). 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
In “Bitget ‘gradually back to usual’ as protection fund reaches $309M,” 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=fund). This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
- CPER United States Commodity Index Funds Trust
In “Bitget ‘gradually back to usual’ as protection fund reaches $309M,” United States Commodity Index Funds Trust (CPER) is linked, with no stored direction, medium confidence. Reason on file: GA selected CPER as a RELATED security because its canonical security name directly matches this event's themes: fund. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
Ishares (TUR)
The 30 Sep 2026 story “Bitget ‘gradually back to usual’ as protection fund reaches $309M” names Ishares (TUR) because of this story.
What ties Ishares (TUR) to the headline is this: GA selected TUR as a RELATED security because its curated list / industry / sector context matches this event (curated-list=fund). This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
iShares Silver Trust (SLV) is here too. Its reason reads: GA selected SLV as a RELATED security because its curated list / industry / sector context matches this event (curated-list=fund). This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
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.
What the saved facts support for Ishares (TUR)
46 out of 100
“Bitget ‘gradually back to usual’ as protection fund reaches $309M” scores 46 out of 100. The score uses 1 sources, and 6 linked companies.