SPYx leads tokenized ETF market cap growth by $8M in 7 days

QQQb: QQQb is a tokenized certificate mirroring the Invesco QQQ Trust ETF, issued under the bStocks framework by BTECH Holdings Limited on chains such as BNB Chain. It delivers 1:1 economic exposure to the Nasdaq-100 index through on-chain mechanics that handle corporate actions like dividend reinvestment. QQQb contributed to the top tokenized ETF market cap gains reported in the news. SPYx: SPYx is a tokenized certificate providing economic exposure to the SPDR S&P 500 ETF Trust, issued on multiple blockchains including Solana and Ethereum with 1:1 backing by underlying shares held in regulated custody. It operates as part of the xStocks platform and supports 24/7 trading along with DeFi composability features. In the context of the news, SPYx led recent market cap growth among tokenized ETFs. IBITon: IBITon is the Ondo Global Markets tokenized version of the iShares Bitcoin Trust ETF, structured as a regulated note that tracks the performance of IBIT with dividends reinvested. Issued on Ethereum, Solana, and BNB Chain, it enables on-chain access to Bitcoin ETF exposure for eligible non-U.S. investors via regulated custody. The product ranked among the leaders in tokenized ETF market cap expansion over the past week. Regulatory Developments: Binance's bStocks program continues to process on-chain corporate actions including dividend distributions for tokenized ETFs like QQQb as of mid-September 2026. Tokenized Assets Adoption: Recent launches of yield-generating vaults for tokenized equities on platforms like Kraken have expanded utility beyond basic trading for products such as SPYx.