Binance Expands Dividend Support To SOXS, MUU, TQQQ And SQQQ bStocks

Binance announced support for cash dividend distributions on four leveraged exchange-traded fund bStocks — SOXS, MUU, TQQQ and SQQQ — with eligible holders receiving USDT based on their record-date balances. The announcement expands Binance's dividend support program to cover these four additional leveraged ETF tokens, bringing the total number of dividend-eligible bStocks to include some of the most actively traded leveraged products on the platform.

Eligibility for the USDT cash dividend is determined by the user's bStock balance at the record date, with Binance taking a snapshot of holdings to calculate the distribution amount. The exchange has not yet disclosed the exact record date for this dividend cycle, leaving an open question for holders who want to ensure their positions qualify for the upcoming distribution. Users who acquire SOXS, MUU, TQQQ or SQQQ bStocks after the record date will not be eligible for this particular dividend distribution.

The specific dividend amount or yield per bStock has not been disclosed in the initial announcement, leaving holders to await the official distribution schedule for the exact USDT figures. Binance typically calculates the cash dividend based on the underlying ETF's actual dividend payout, converted to USDT at the prevailing exchange rate, and distributes the proceeds proportionally to eligible bStock holders.

Eligible holders of SOXS, MUU, TQQQ and SQQQ bStocks should ensure their balances are maintained through the record date to qualify for the USDT cash dividend, and they should monitor Binance's official announcements for the confirmed snapshot timing and distribution schedule.