Titanate nanotubes were synthesized under hydrothermal conditions. The optimized synthesis (100-180 degrees C, longer than 48 h), thermal and hydrothermal stability, ion exchangeability and consequent magnetic and optical properties of the titanate nanotubes were systematically studied in this paper. First, nanotubes with monodisperse pore-size distribution were prepared. The formation mechanism of the titanate nanotubes was also studied. Second, the thermal and hydrothermal stability were characterized with X-ray diffraction (XRD), high-resolution transmission electron microscopy (HRTEM), Fourier transform infrared (FTIR), and Raman spectroscopy. Results showed that sodium ions played a significant role in the stability of the frameworks. Third, the selective ion exchangeability was demonstrated with a series of ions. The ion substitution also enlarged the BET surface area of the titanate nanotubes to 240 m(2) x g(-1). Combination of these two features implied that these nanotubes might be functionalized by substitution of different transitional-metal ions and consequently used for selective catalysis. Magnetism, photoluminescence, and UV/Vis spectra of the substituted titanate nanotubes revealed that the magnetic and optical properties of the nanotubes were modifiable.