Money market ETFs and mutual funds are not protected by the Federal Deposit Insurance Corp. (FDIC) like bank accounts are.

The banking giants join a growing list of traditional financial firms seeking to bring crypto technology to assets ranging ...

Goldman Sachs and BNY will offer tokenized money market funds, enabling real-time settlement and blockchain-based ownership ...

Investor Chamath Palihapitiya recently flagged the trend, saying that the “market is risk-off,” while referring to money market funds hitting a record high of $7.24 trillion in May.