Binance distributes $0.75 QQQB dividends to spot wallets

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 th...