New GENIUS ETF Sees Massive $17 Billion Inflow

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)