---
title: "Coinbase investing into stablecoin reserves ETF issued by ProShares"
url: https://thecoingazette.com/coinbase-investing-into-stablecoin-reserves-etf-issued-by-proshares/
date: 2026-06-02
modified: 2026-06-02
lang: en
author: "Coin Gazette Editorial"
description: "The fund, called ProShares GENIUS Money Market ETF, has $22 billion in assets under management and launched this year."
categories:
  - "Crypto News"
  - "Stablecoins"
tags:
  - "coinbase"
  - "Crypto Ecosystems"
  - "etf"
  - "investing"
  - "Market"
  - "stablecoin"
  - "stablecoins"
  - "usdc"
word_count: 19
---

# Coinbase investing into stablecoin reserves ETF issued by ProShares

The fund, called ProShares GENIUS Money Market ETF, has $22 billion in assets under management and launched this year.