Coinbase invests in money market ETF tailored for GENIUS Act
June 02, 2026, 1:26 PM
Coinbase announced it has made a strategic investment in ProShares’ GENIUS Money Market ETF (IQMM). The fund is a money market ETF tailored for the GENIUS Act and invests in ultra-short-term U.S. Treasury bills with maturities of 93 days or less, cash, and cash equivalents.
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