Bitget Protection Fund Reports $351M Average Valuation in July as Bitcoin Recovery Strengthens Reserves

Bitget, the world's largest Universal Exchange (UEX), has released its latest Protection Fund report, showing an average valuation of $351 million in July 2026 as Bitcoin recovered through July, lifting the fund's U.S. dollar valuation.

The Protection Fund reached a monthly high of $365.9 million on July 21 and recorded a monthly low of $329.8 million on July 1. Throughout July, the fund maintained a valuation above its original $300 million commitment, with reserves supported by Bitget's 5,500 BTC holdings as Bitcoin traded between $59,968 and $66,521 during the month.

July saw digital asset markets regain momentum after June's broad correction, with Bitcoin recovering steadily through the first three weeks of the month before easing toward month-end. The appreciation in BTC contributed to a higher average valuation for Bitget's BTC-denominated Protection Fund, which remained approximately 17% above its original $300 million allocation throughout the month.

Established in 2022, the Protection Fund serves as an additional layer of protection designed to safeguard user assets during extreme market events. The fund's valuation is published transparently and updated regularly, providing users with clear visibility into available reserves as market conditions evolve.

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