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$102.14/bbl   +0.34%$96.90/bbl   +0.21%$846/MT   +0.18%$1090/MT   +0.55%$450/MT   -0.15%$470/MT   +0.08%
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2026-09-16T16:00:21+00:00
Source: finance.yahoo.com
EN590 COMMODITIES GROUP

VICTORIA, SEYCHELLES, September 16th, 2026, Chainwire Bitget has published itsAugust 2026 Proof of Reserves report, marking the 45th consecutive monthly disclosure since the program began in December 2022, with a total reserve ratio of 122% for the month.

Separately, Bitget'sAugust 2026 Protection Fund valuation reportrecorded an average monthly value of $382 million, backed by 5,500 BTC held as a separate protection reserve.

Bitget publishes both monthly Proof of Reserves and monthly Protection Fund valuation reports — two separate disclosures providing visibility into different parts of the platform's asset-protection framework.

The August PoR reserve ratio of 122% means Bitget's reported reserves for tracked assets exceeded the corresponding user balances included in the snapshot.

A full per-asset breakdown is available on Bitget'sProof of Reserves page.

A reserve ratio above 100% reflects the position captured in a particular reporting snapshot and should not be interpreted as a financial audit or a guarantee of future solvency.

The Protection Fund's August valuation ranged from approximately $345.3 million on Aug 1, 2026 to $441.5 million on Aug 27, 2026, with an average monthly valuation of $382 million.

Its dollar value fluctuates with Bitcoin's market price because the fund is backed by 5,500 BTC.

Bitget established the fund in 2022 with an initial $300 million commitment, and its valuation remained above that level throughout August.

Bitget's Proof of Reserves uses a Merkle-tree structure that allows users to independently verify whether their balances were included in the reserve snapshot without exposing other customers' account information.

Users can perform their own verification through Bitget's open-sourceMerkleValidator and Proof of Reserves tools on GitHub, while publicly disclosed wallet information can also be reviewed independently on blockchain explorers.

Full details are available on Bitget'sProof of Reserves page.

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Indicative Market Prices September 16, 2026 19:10 UTC
ProductPriceChange
Brent Crude$102.14/bbl +0.34%
WTI Crude$96.90/bbl +0.21%
EN590 Diesel$846/MT +0.18%
Jet Fuel A-1$1090/MT +0.55%
Mazut M100$450/MT -0.15%
Bitumen 60/70$470/MT +0.08%
Sulphur Gran 99.5%$470/MT -0.44%
Urea 46% Gran$650/MT +1.12%
NPK 16-16-16$460/MT -0.28%
Nat Gas TTF$15.42/MMBtu +0.92%
* Indicative prices for reference only. Contact us for firm offers.
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DISCLAIMER: Prices shown are indicative market references only.
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