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Binance Adds Dividend Support For Four More Leveraged ETF bStocks

Bitcoinist
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Binance Adds Dividend Support For Four More Leveraged ETF bStocks

TL;DR Binance will support cash dividend distributions for SOXS, MUU, TQQQ and SQQQ bStocks. Eligible holders receive the distributions in USDT based on record-date balances. The announcement covers four tokenized leveraged-ETF products. Binance is broadening corporate-action support across its bStocks lineup, adding cash-dividend processing for four leveraged ETF products. The supported tokens track SOXS, MUU, […]

Key Takeaways

  1. TL;DR Binance will support cash dividend distributions for SOXS, MUU, TQQQ and SQQQ bStocks.
  2. Eligible holders receive the distributions in USDT based on record-date balances.
  3. The announcement covers four tokenized leveraged-ETF products.
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Summary generated by IndiCrypto from Bitcoinist. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.