• IQMM follows the GENIUS Act’s 93-day Treasury requirement, effectively narrowing reserve management to short-term government paper.
Article Summaries:
- ProShares has introduced the industry’s first stablecoin‑ready money‑market ETF, the IQMM, under the recently enacted GENIUS Act. The fund is structured to comply with the Act’s 93‑day Treasury requirement, meaning it will hold only short‑term U.S. Treasury securities. This regulatory alignment limits the ETF’s reserve management to government paper, aiming to reduce risk while supporting stablecoin liquidity. The launch marks a significant step in integrating digital‑asset infrastructure with traditional money‑market vehicles, offering investors a regulated, stablecoin‑compatible investment option.
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