In July 2026, tokenized stock and ETF trading volume surged 288% month-over-month to a record $11.3 billion, but the growth was highly concentrated in a single product. Binance bStocks contributed $9.41 billion, accounting for 83.3% of the total trading volume; among this, QQQB, which tracks the Invesco QQQ ETF, recorded a monthly trading volume of $9.27 billion, making up about 82% of the market total. Excluding QQQB, the trading volume of tokenized stocks in July was only around $2.03 billion, down approximately 30% from June's $2.91 billion. During the same period, xStocks' trading volume dropped from $1.55 billion to $335 million, while Ondo and Backpack recorded approximately $792 million and $479 million, respectively. (CoinDesk) https://(wublock123.com)/news/tokenized-stock-volume-july-up-288-percent-to-11-3b-qqqb-82-percent-65758