Binance Lists Tokenized Invesco QQQ Trust BStock, Waives Fees Through August
QQQ•Binance added the Invesco QQQ Trust as a tokenized bStock (QQQB), trading 1:1 against USDT with 24/7 access and instant conversion into direct shares. bStocks AUM topped $100 million in just 15 days, and Binance is waiving maker fees on QQQB/USDT through August 31.
1. QQQB Listing And Trading
On June 30, Binance launched QQQB, a 1:1 tokenized version of the Invesco QQQ Trust, trading against USDT. Users can buy, sell and convert QQQB into direct QQQ shares instantly at no cost, with 24/7 market access.
2. Rapid AUM Growth
bStocks overall crossed $100 million in assets under management just 15 days after launch, driven by global retail demand and fractional trading. QQQB contributes to this growth alongside existing tokenized equities like Tesla and NVIDIA.
3. Fee Waiver Promotion
Binance is waiving all maker fees on the QQQB/USDT pair through August 31 at 23:59 UTC, aiming to stimulate early adoption and trading activity across this new digital equity offering.
