Binance Unveils Tokenized Semiconductor ETF on BNB Smart Chain
The Semicon Bull 3X ETF, known as SOXLB, is a tokenized security on BNB Smart Chain that provides non-U.S. users with exposure to the Direxion Daily Semiconductor Bull 3X ETF.
SOXLB was issued by BTECH Holdings Limited and distributed through Binance, with regulatory documentation approved in the Abu Dhabi Global Market framework.
The token's value is tied to the performance of the underlying leveraged ETF, which seeks 300% of the daily performance of the NYSE Semiconductor Index before fees and expenses.
As of late July 2026, SOXLB had a market capitalization of around $33 million, with roughly 160 thousand tradable tokens in circulation according to CoinGecko.