Geopolitics Alpha

Bitget Hacked as $350 Million Vanishes From Crypto Exchange Wallets

Published . Updated .

A newly created wallet drained hot and cold reserves labeled as belonging to Bitget across multiple blockchains in under an hour.

Directly affected

  • CRCW Crypto

    Named in this report.

Indirectly affected

  • IBIT iShares Bitcoin Trust

    This price moves with the crypto market

  • COIN Coinbase

    The crypto exchange moves with trading volumes

  • MSTR Strategy

    This company's value is tied to its bitcoin holdings

  • MARA MARA Holdings

    Bitcoin miners move with the bitcoin price

  • RIOT Riot Platforms

    Bitcoin miners move with the bitcoin price

  • HOOD Robinhood

    Retail trading apps move with crypto volumes

  • KBWB INVESCO EXCHANGE TRADED FUND TR II KBW

    GA selected KBWB as a RELATED security because its canonical security name directly matches this event's themes: exchange. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.

  • BBEU J P MORGAN EXCHANGE-TRADED FD TR BETABUILDERS EUROPE ETF NEW

    GA selected BBEU as a RELATED security because its canonical security name directly matches this event's themes: exchange. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.

  • BITW BITWISE 10 CRYPTO INDEX ETF SHS REPSTG UNIT BEN INT

    GA selected BITW as a RELATED security because its canonical security name directly matches this event's themes: crypto. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.

  • BLOX NICHOLAS CRYPTO INCOME ETF

    GA selected BLOX as a RELATED security because its canonical security name directly matches this event's themes: crypto. 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

TickerT-5T-3T-1T0T+1T+2T+3
CRCW———————
IBIT———————
COIN———————
MSTR———————
MARA———————
RIOT———————
HOOD———————
KBWB———————
BBEU———————
BITW———————
BLOX———————

The price since 24 Sep 2026: Invesco Exchange Traded Fund Tr Ii Kbw (KBWB) versus the S&P 500

Since the first closing price after “Bitget Hacked as $350 Million Vanishes From Crypto Exchange Wallets,” Invesco Exchange Traded Fund Tr Ii Kbw (KBWB) is -4.61%. The S&P 500 fund (SPY) is -0.62% over the same days, a -3.99% difference versus the market.

KBWB
SPY

Who gains and who loses around Invesco Exchange Traded Fund Tr Ii Kbw (KBWB)

Companies carried with this story

  • KBWB Invesco Exchange Traded Fund Tr Ii Kbw

    In “Bitget Hacked as $350 Million Vanishes From Crypto Exchange Wallets,” Invesco Exchange Traded Fund Tr Ii Kbw (KBWB) is linked, with no stored direction, medium confidence. Reason on file: GA selected KBWB as a RELATED security because its canonical security name directly matches this event's themes: exchange. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • BBEU J P Morgan Exchange-Traded Fd Tr Betabuilders Europe Etf New

    J P Morgan Exchange-Traded Fd Tr Betabuilders Europe Etf New (BBEU) is linked, with no stored direction, medium confidence in the 24 Sep 2026 story “Bitget Hacked as $350 Million Vanishes From Crypto Exchange Wallets.” Reason on file: GA selected BBEU as a RELATED security because its canonical security name directly matches this event's themes: exchange. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • BITW Bitwise 10 Crypto Index ETF

    For “Bitget Hacked as $350 Million Vanishes From Crypto Exchange Wallets,” Bitwise 10 Crypto Index ETF (BITW) is linked, with no stored direction, medium confidence. Reason on file: GA selected BITW as a RELATED security because its canonical security name directly matches this event's themes: crypto. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • BLOX Nicholas Crypto Income Etf

    Nicholas Crypto Income Etf (BLOX) is linked, with no stored direction, medium confidence in the 24 Sep 2026 story “Bitget Hacked as $350 Million Vanishes From Crypto Exchange Wallets.” Reason on file: GA selected BLOX as a RELATED security because its canonical security name directly matches this event's themes: crypto. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • EZPZ Franklin Crypto Trust

    In “Bitget Hacked as $350 Million Vanishes From Crypto Exchange Wallets,” Franklin Crypto Trust (EZPZ) is linked, with no stored direction, medium confidence. Reason on file: GA selected EZPZ as a RELATED security because its canonical security name directly matches this event's themes: crypto. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • FDIG Fidelity Crypto Industry And Digital Payments Etf

    Fidelity Crypto Industry And Digital Payments Etf (FDIG) is linked, with no stored direction, medium confidence in the 24 Sep 2026 story “Bitget Hacked as $350 Million Vanishes From Crypto Exchange Wallets.” Reason on file: GA selected FDIG as a RELATED security because its canonical security name directly matches this event's themes: crypto. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

Invesco Exchange Traded Fund Tr Ii Kbw (KBWB)

Invesco Exchange Traded Fund Tr Ii Kbw (KBWB) is the company in “Bitget Hacked as $350 Million Vanishes From Crypto Exchange Wallets,” the 24 Sep 2026 this story story.

The link for Invesco Exchange Traded Fund Tr Ii Kbw (KBWB) is this: GA selected KBWB as a RELATED security because its canonical security name directly matches this event's themes: exchange. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

Also listed, J P Morgan Exchange-Traded Fd Tr Betabuilders Europe Etf New (BBEU): GA selected BBEU as a RELATED security because its canonical security name directly matches this event's themes: exchange. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

Price levels for Invesco Exchange Traded Fund Tr Ii Kbw (KBWB)

BBEU traded between 73.95 and 78.04 across 20 sessions. The latest close on file is 75.31. BITW traded between 51.43 and 56.92 across 20 sessions. The latest close on file is 52.47. KBWB traded between 84.31 and 92.61 across 20 sessions. The latest close on file is 85.83.

What the saved facts support for Invesco Exchange Traded Fund Tr Ii Kbw (KBWB)

100 out of 100

“Bitget Hacked as $350 Million Vanishes From Crypto Exchange Wallets” scores 100 out of 100. The score uses 6 linked companies.