[Defiance ETFs Submits Application for Money Market ETF Compliant with the GENIUS Act] Bloomberg ETF analyst James Seyffart disclosed on the X platform that asset management company Defiance ETFs has submitted an application for a money market ETF compliant with the GENIUS Act. The investment strategy of the fund is designed to meet the requirements for qualified reserve assets that stablecoin issuers can hold under the GENIUS Act, facilitating stablecoin issuers to invest in the fund.