Bitget Restarts Withdrawals Asset by Asset: BTC Open, ETH Due Sept. 29
Key Takeaways
- •Bitget is restoring withdrawals asset-by-asset after a hack, with Bitcoin withdrawals now open while other tokens depend on individual restarts.
- •Ethereum withdrawals are scheduled to resume on September 29, but the asset is not yet live and users should confirm actual availability through Bitget's status channels.
- •THORChain declined to block approximately $387.5 million in Bitget hack funds moving to Bitcoin, leaving those funds outside the unilateral controls available to centralized services.
- •USDT withdrawal status remains unconfirmed because the announcement referencing it was truncated, and holders should await a specific update before assuming its schedule.
- •Bitget has not announced a date for full platform-wide restoration, so each token requires its own status check, including by network.

Bitget is restoring withdrawals on a per-asset basis following a hack that disrupted the exchange, with Bitcoin withdrawals confirmed open and Ethereum withdrawals scheduled to resume on September 29, according to the exchange. For account holders, withdrawal availability is the detail that matters most: it is what allows funds to be moved off the platform, and an asset that is not yet live cannot be moved on-chain at all.
BTC withdrawals are open, but the restart is not platform-wide
Bitget confirmed that Bitcoin (BTC) withdrawals are live again, as reported by CryptoSlate following the hack. The exchange is not treating the restart as a single switch flipped across all assets: each token is being brought back individually, meaning access to one asset does not imply access to others. That asset-by-asset pattern is a familiar one when exchanges restore services after an incident, since each blockchain network relies on its own infrastructure and verification steps.
For users holding BTC positions on Bitget, the on-chain liquidity path is now open. Separately, THORChain's decision not to block Bitget hack funds moving $387.5 million to Bitcoin adds complexity to the broader settlement picture, because funds routed through decentralized cross-chain networks sit outside the unilateral blocking controls available to centralized services — though Bitget's own withdrawal channels for BTC remain operational.
ETH withdrawals are scheduled for September 29
Ethereum (ETH) withdrawals are listed as scheduled for September 29 in Bitget's staged rollout. The distinction matters: ETH is not yet available for withdrawal, only committed to a date. Whether ETH actually goes live on that date is the next concrete checkpoint in the rollout, and users should verify actual availability directly through Bitget's status channels before attempting to move funds.
USDT and remaining assets: check each one individually
The headline referenced USDT availability but was truncated before the full detail was published. Given the asset-by-asset framework Bitget is using, USDT status, network selection, and timing should be treated as unconfirmed until the exchange publishes a specific update for that asset. As the most widely used stablecoin on exchanges, USDT is central to many users' liquidity planning, but holders should not assume it will follow the same schedule as ETH. Withdrawal support can also vary by network, so the relevant check is asset plus chain, not the token alone.
The staged approach carries a practical implication for anyone managing liquidity across multiple assets: each token requires its own status check. As of publication, Bitget has not indicated a date for full platform-wide restoration of withdrawals, which leaves three concrete items to track on the exchange's status channels: the ETH go-live on September 29, a specific USDT update, and any announcement covering full restoration.
Primary source: Bitget says Bitcoin withdrawals open after hack — CryptoSlate