Bitget’s August 2026 Protection Fund report showed an average valuation of $382 million, a monthly high of $441.5 million on Aug. 27 and a low of $345.3 million on Aug. 1. The fund remained above its original $300 million commitment throughout the month, supported by Bitget’s 5,500 BTC holdings. Bitcoin traded between $62,773 and $80,268 during August, rising more than 25% from $62,773 on Aug. 1 to $78,553 on Aug. 31 and lifting the fund’s BTC-based reserve to approximately $432 million at month-end. Established in 2022, the Protection Fund is separate from Bitget’s Proof of Reserves system, which the exchange said remained in surplus with substantial user-asset holdings. Bitget said the two mechanisms form part of its broader security framework as the exchange expands its Universal Exchange ecosystem across crypto assets, tokenized stocks, commodities and other financial markets.