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4h ago

Bitget Stock Futures Cross $1 Billion in Cumulative Volume

The milestone underscores fast uptake of USDT‑settled stock futures that track U.S. equities without conferring shareholder rights.

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Bitget stock futures hit $1 billion as crypto exchanges push into tokenized equities

Overview

  • Bitget said cumulative trading doubled from $500 million in roughly two weeks, signaling rapid early activity.
  • The exchange expanded its lineup with NFLXUSDT, FUTUUSDT, JDUSDT, RDDTUSDT, and QQQUSDT perpetual contracts.
  • Trading has been concentrated in a few names, led by Tesla at $380 million, MSTR at $262 million, and Apple at $87 million.
  • The product comprises USDT‑margined perpetual futures on 25 U.S. stocks offering up to 25x leverage with fees at or below 0.06%.
  • These are derivative contracts settled in USDT that do not grant shareholder rights, are unavailable to U.S. residents, and lack disclosed user counts or profitability metrics.