ProShares’ GENIUS ETF sees $17 billion increase as tokenized fund models expand – Blockonomi

TLDR ProShares recorded $17 billion in first-day trading volume for its new GENIUS money market ETF. The company confirmed that internal fund allocations contributed to the early rise in activity. The GENIUS ETF follows federal rules for stablecoin reserve standards under the GENIUS Act. Analysts noted that the debut surpassed previous high-profile ETF launches in […]