Coinbase invests in ProShares ETF tailored for stablecoin reserve assets

The exchange has invested an undisclosed amount in ProShares’ Treasury-focused ETF built for the post-GENIUS era as lawmakers debate whether stablecoin issuers can offer yield-bearing products.
Source: Coinbase invests in ProShares ETF tailored for stablecoin reserve assets (https://cointelegraph.com/news/coinbase-invests-proshares-etf-tailored-stablecoin-reserve-assets?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound)