Coinbase investing into stablecoin reserves ETF issued by ProShares
The Block·
60-second summary
Coinbase is investing in the ProShares GENIUS Money Market ETF, which has $22 billion in assets under management and launched this year. The fund focuses on stablecoin reserves, providing investors with a diversified and liquid portfolio.
The fund, called ProShares GENIUS Money Market ETF, has $22 billion in assets under management and launched this year.