{"id":559954,"date":"2026-02-23T17:53:21","date_gmt":"2026-02-23T17:53:21","guid":{"rendered":"https:\/\/e-bitco.in\/index.php\/2026\/02\/23\/proshares-genius-etfs-17b-debut-boosts-case-for-tokenized-money-market-funds\/"},"modified":"2026-02-23T17:53:21","modified_gmt":"2026-02-23T17:53:21","slug":"proshares-genius-etfs-17b-debut-boosts-case-for-tokenized-money-market-funds","status":"publish","type":"post","link":"https:\/\/e-bitco.in\/index.php\/2026\/02\/23\/proshares-genius-etfs-17b-debut-boosts-case-for-tokenized-money-market-funds\/","title":{"rendered":"ProShares GENIUS ETF&#8217;s $17B debut boosts case for tokenized money market funds"},"content":{"rendered":"<p><img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjYtMDIvMDE5YzhiNDctMGQ3Mi03ODk0LWI4YWYtY2Q4ZTM4MGFjNTlmLmpwZw==.jpg\" alt=\"ProShares GENIUS ETF's $17B debut boosts case for tokenized money market funds\" class=\"type:primaryImage\" \/><\/p>\n<p>IQMM&#8217;s historic first-day launch underscores how traditional cash funds are adapting to compete in a stablecoin-driven landscape following the passage of the GENIUS Act.<\/p>\n<p>ProShares\u2019 record-breaking debut of its money market exchange-traded fund (ETF) last week underscores the enormous demand for cash-management products at a time when the asset class is increasingly being tokenized \u2014 and, as industry proponents argue, the shift could help funds remain competitive amid increasing US stablecoin adoption.<\/p>\n<p>Money market funds <a href=\"https:\/\/www.ssga.com\/us\/en\/institutional\/insights\/understanding-money-market-funds\" rel=\"nofollow noopener\" target=\"_blank\" title=\"https:\/\/www.ssga.com\/us\/en\/institutional\/insights\/understanding-money-market-funds\">invest<\/a> in short-term, high-quality debt instruments such as US Treasury bills, repurchase agreements and commercial paper. They are designed to preserve capital while offering modest yield and daily liquidity, making them a popular cash-management vehicle for investors.<\/p>\n<p>That backdrop makes the <a href=\"https:\/\/www.businesswire.com\/news\/home\/20260218693081\/en\/ProShares-Launches-IQMM-the-First-Money-Market-ETF-for-the-GENIUS-Act\" rel=\"nofollow noopener\" target=\"_blank\" title=\"https:\/\/www.businesswire.com\/news\/home\/20260218693081\/en\/ProShares-Launches-IQMM-the-First-Money-Market-ETF-for-the-GENIUS-Act\">launch<\/a> of the ProShares Genius Money Market ETF (IQMM) particularly notable. The actively managed fund, which primarily holds short-duration government securities, generated $17 billion in first-day trading volume on Thursday, an unprecedented figure for a newly launched ETF.<\/p>\n<p><a href=\"https:\/\/cointelegraph.com\/news\/iqmm-s-17b-debut-strengthens-case-for-tokenized-money-market-funds\">Read more<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>IQMM&#8217;s historic first-day launch underscores how traditional cash funds are adapting to compete in a stablecoin-driven landscape following the passage of the GENIUS Act. ProShares\u2019 record-breaking debut of its money market exchange-traded fund (ETF) last week underscores the enormous demand for cash-management products at a time when the asset class is increasingly being tokenized \u2014 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":559955,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"class_list":{"0":"post-559954","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-blockchain"},"_links":{"self":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/559954","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/comments?post=559954"}],"version-history":[{"count":0,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/559954\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media\/559955"}],"wp:attachment":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media?parent=559954"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/categories?post=559954"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/tags?post=559954"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}