UC Investments Puts $2.5B Into New ETF as ProShares Launches GENIUS Act Fund

• —UC Investments put $2.5 billion into the UCBG ETF — the largest initial seed in U.S. ETF history
• —UCBG launched on September 2–3: 90% in the S&P 500, 10% in short-term corporate bonds
• —ProShares IQMM invests only in Treasury bills maturing within 93 days under the GENIUS Act
• —IQMM's first-day trading volume was about $17 billion, later rising to $20–22 billion