According to Bitget’s earnings-season market note, activity in tokenized US stocks intensified from mid-October to late November. Spot trading volume rose 452% month-on-month, while futures volume surged 4,468%, underscoring growing demand for tokenized equity exposure. The report attributes the momentum to structural drivers—the unique characteristics of tokenized assets, 24/7 accessibility, and diversified user behavior across regions.

Geographic data show East Asia contributing 39.66% of total activity, with traders from Latin America, South Asia, Southeast Asia, and Europe also active. The data also reveal that high-frequency traders average 51.7 trades per day, significantly outpacing selective retail participation and signaling a professionalized trading dynamic in this market segment.

In the futures market, activity concentrates on marquee tech stocks, notably Tesla (TSLA), Meta Platforms (META), and MicroStrategy (MSTR), illustrating how funds are reallocating toward well-known blue-chip tech assets within the tokenized US stock landscape.