New GENIUS ETF Sees Massive $17 Billion Inflow
Market Intelligence Analysis
AI-PoweredThe GENIUS Money Market ETF has seen a massive $17 billion inflow, leading all US inflows last week, driven by its investment in short-term US government securities.
Market impact analysis based on bullish sentiment with 90% confidence.
Article Context
Simeon Hyman, global investment strategist at ProShares, joins Scarlet Fu and Eric Balchunas on "Bloomberg ETF IQ" to discuss the firm's GENIUS Money Market ETF (ticker: IQMM), which last week lead all US inflows with more than $17 billion. The fund invests in short-term US government securities that qualify as eligible reserves under the GENIUS Act. (Source: Bloomberg)
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