[Binance to Support SPYB Tokenized Securities Dividend Distribution, Users to Receive Additional SPYB Shares] BlockBeats News, September 17, according to an official announcement, Binance will support the distribution of cash dividends for the SPDR S&P 500 ETF (SPY) through bStocks. Users holding SPYB will receive corresponding dividends. The announcement states that eligible users must hold SPYB in their positions as of the snapshot at 00:00 (UTC) on September 18, 2026, to participate in this dividend distribution. After deducting applicable withholding taxes, fees, costs, and other expenses, the net cash dividend will be reinvested into additional units or fractional units of the same underlying security. Users will ultimately receive the distribution in the form of SPYB bStocks. Users holding SPYB on-chain will receive corresponding bStock dividends through a multiplier adjustment mechanism. Binance will suspend the 1:1 conversion service between SPY shares and SPYB, as well as SPYB deposits and withdrawals, at 23:30 (UTC) on September 17, 2026, until the distribution is completed. Normal trading of SPYB/USDT will not be affected by this distribution. bStocks is a tokenized securities product issued by BTech Holdings Limited, representing the rights to the underlying securities and is not equivalent to directly holding SPY ETF shares.