π° Coinbase investing into stablecoin reserves ETF issued by ProShares
ποΈ Jun 02 2026 14:47 UTC
The fund, called ProShares GENIUS Money Market ETF, has $22 billion in assets under management and launched this year.
β€ Coinbase is investing in the ProShares GENIUS Money Market ETF (IQMM), a fund designed to hold assets meeting U.S. stablecoin reserve requirements.
β€ The ETF, with $22 billion in assets under management, supports responsible stablecoin scaling and is built around the requirements of the GENIUS Act.
β€ While the GENIUS Act provides regulatory groundwork for stablecoins, its full implementation is not expected until near 2027, with regulators still finalizing rules.
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RWA Times
Coinbase investing into stablecoin reserves ETF issued by ProShares
The fund, called ProShares GENIUS Money Market ETF, has $22 billion in assets under management and launched this year.














