Binance distributes $0.75 QQQB dividends to spot wallets

1 hour ago 17

Binance completed its latest dividend distribution for QQQB, its tokenized version of the Invesco QQQ Trust ETF, delivering a net $0.75 per underlying share to eligible holders. The payout didn’t land as cash or stablecoins. Instead, it was automatically reinvested into additional QQQB tokens, effectively compounding users’ positions without them lifting a finger.

The distribution took place over September 21-22, 2026, with a snapshot date of September 21 at 00:00 UTC determining eligibility. If you held QQQB before that cutoff, the dividend showed up in your Spot Wallet.

How the distribution worked

While trading on QQQB spot pairs remained active throughout the process, Binance temporarily paused deposits, withdrawals, and 1:1 conversions during the distribution window. This is standard procedure for the exchange’s bStocks program, which handles corporate actions like dividends entirely on-chain.

QQQB is a BEP-20 token running on the BNB Smart Chain. Each token is fully collateralized by underlying QQQ ETF shares held with a US-regulated broker-dealer.

QQQB wasn’t the only bStocks token to receive dividends this cycle. Binance also processed distributions for SPYB, which tracks the S&P 500 ETF, at $1.88 per share, and GOOGLB, representing Alphabet, at $0.22 net.

The bStocks program in 2026

Binance’s bStocks initiative has been gaining meaningful traction throughout 2026. The program allows users to trade tokenized versions of major US equities and ETFs directly on the exchange. bStocks tokens trade around the clock on existing Binance spot pairs, settle near-instantly on the BNB Smart Chain, and sit right next to Bitcoin and Ethereum in the same wallet.

The collateralization model backs each token with actual shares held at a regulated US broker-dealer. When Invesco declares a dividend on the QQQ Trust, that cash flows through to QQQB holders via the reinvestment mechanism. The on-chain token inherits the economics of the underlying asset, corporate actions included.

Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.

Read Entire Article