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Techub News reports that ProShares has announced the launch of the ProShares GENIUS Money Market ETF (IQMM). ProShares states that this is the first money market ETF to meet the stringent requirements of the GENIUS Act, making it eligible to invest in stablecoin reserves. The fund focuses on investing in short-term U.S. Treasury securities and is committed to capital preservation and maintaining stability.
Techub News, according to CoinDesk, ProShares has officially applied to list its "ProShares CoinDesk Crypto 20 ETF" on the NYSE. The fund will track the CoinDesk Crypto 20 Index, providing investors with exposure to the top 20 digital assets by market capitalization.
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