ProShares Debuts Money Market ETF to Meet the GENIUS Act
Etftrends·2026-02-21 00:16
Core Insights - ProShares launched the ProShares GENIUS Money Market ETF (IQMM) on February 19, 2026, aiming to provide competitive current income consistent with market conditions [1] Company Overview - ProShares is expanding its product offerings with the introduction of IQMM, which is designed to attract investors seeking stable income [1] Industry Context - The launch of IQMM reflects a growing trend in the ETF market, where investors are increasingly looking for money market funds that offer better yields amid fluctuating interest rates [1]