ProShares launches GENIUS-compliant ETF built for stablecoin reserves

ProShares on Wednesday announced the launch of the ProShares GENIUS Money Market ETF (IQMM) and said the fund meets the strict requirements of the GENIUS Act, which makes it eligible to hold stablecoin reserves. The company said IQMM invests only in short-term U.S. Treasuries and is built for principal preservation and price stability. ProShares says […]