Key Takeaways:
Coinbase invested in a money market fund designed for stablecoin reserve eligibility.The GENIUS Act is increasing focus on liquidity, transparency, and redemption support.ETF-based reserve products could expand options for digital asset issuers.Coinbase said:
Proshares ETF Infrastructure Could Help Bridge Crypto and Traditional MarketsProshares’ fact sheet describes IQMM as the world’s largest money market ETF and the first designed to meet GENIUS Act requirements. As of March 31, 2026, the fund carried a 3.48% 30-day SEC yield, weekly distributions, and a 0.15% net expense ratio.
Coinbase said:
