Lot of fund houses these days are kind of building funds around the alt coins and the stablecoin. Most of the funds these days have the bitcoin, Ethereum and the stablecoin. And when it comes to the stablecoin there are funds which needs to be GENIUS aligned a lot of them are being reissued. Take example of the Fidelity which has launched Govt aligned money market fund named FYMXX fund. 

Fidelity has released crypto based funds in the past. Some they have even given up and some new were filed. So this time they have GENIUS act aligned fund. 

Only eligible stablecoin assets would be included in this. As there are many stablecoin issuers are out there. And it would be pretty difficult that things are going to be in upcoming times. So on that note it makes sense that 1B or more higher market is likely to be tapped with these funds. 

You can check out the stablecoin data here based on that it would make sense for the funds like this to see being filed.

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