Coinbase invested in Proshares’ GENIUS Money Market ETF as stablecoin reserve standards evolve. The fund uses short-term U.S. Treasurys, cash, and cash equivalents, giving issuers another compliance-focused option for backing payment stablecoins. Coinbase’s IQMM Investment Points to a New Reserve Era for Stablecoins Crypto exchange Coinbase Global Inc. (Nasdaq: COIN) announced on June 2 that […]
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Proshares’ GENIUS Money Market ETF (IQMM) stormed onto NYSE Arca on Feb. 20, 2026, racking up a staggering $17 billion in first-day trading volume and rewriting the exchange-traded fund (ETF) record books. Proshares IQMM Ignites Wall Street In the words of Bloomberg senior ETF analyst Eric Balchunas, “The Proshares GENIUS Money Market ETF IQMM saw […]
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The commission approved 19b-4 filings from eight asset managers in May, but they won’t begin trading on U.S. exchanges until the SEC signs off on the S-1 registration statements.
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Bitcoin price gave up its recent gains as concerning signals from the US economy continue to weigh on investor sentiment.
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ProShares’ BITO Bitcoin ETF saw a weekly inflow of $65 million as institutional investors have seemingly regained their mojo for Bitcoin futures.
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Almost half of surveyed fund managers plan to “add” crypto ETFs to their portfolio in 2023, while only a quarter will be increasing digital asset exposures.
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Crypto-related stocks, ETFs and tokens have all surged in price so far in 2023 despite experts expecting the Federal Reserve to continue hiking interest rates.
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Since launching last month, the ProShares Short Bitcoin Strategy ETF (BITI) has eclipsed others in inflows.
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Canadian investors represented a hefty $487.5 million worth of outflows for crypto investment products, with the figure partially offset by $70 million worth of inflows from five other countries.
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A slow first day of trading on the short Bitcoin ETF may have been nothing but a slight hiccup in ProShares’ newest product as volumes grew on the second day.
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