• ProShares GENIUS ETF’s $17B debut boosts case for tokenized money market funds IQMM’s historic first-day launch underscores how traditional cash funds are adapting to compete in
• ProShares’ stablecoin-ready ETF sees $17 billion debut, sparking speculation about Circle Analysts speculated that a large issuer like Circle might be moving reserve assets en ma
• ProShares on Thursday launched a money market ETF designed to hold assets that qualify as reserves for dollar-backed stablecoins.
• ProShares seeks stablecoin reserves with GENIUS Act-compliant Treasury ETF The ETF invests exclusively in short-term US Treasurys and is structured for potential use by stablecoi
• IQMM follows the GENIUS Act’s 93-day Treasury requirement, effectively narrowing reserve management to short-term government paper.