BNY Mellon’s global head of ETFs suggested exchange-traded funds using options overlays could become next year’s hot product.”We are absolutely going to see more of these options-based products come to market,” Ben Slavin told CNBC’s “ETF Edge” on Monday. “We see it in our own book.”Options overlays are a way for investors to hedge against downside.”Ultimately, there’s going to be more issuers that are continuing to chase this trend that we’re seeing,” Slavin said.Disclaimer
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[mwai_chat context=”Let’s have a discussion about this article:nnBNY Mellon’s global head of ETFs suggested exchange-traded funds using options overlays could become next year’s hot product.”We are absolutely going to see more of these options-based products come to market,” Ben Slavin told CNBC’s “ETF Edge” on Monday. “We see it in our own book.”Options overlays are a way for investors to hedge against downside.”Ultimately, there’s going to be more issuers that are continuing to chase this trend that we’re seeing,” Slavin said.DisclaimernnDiscussion:nn” ai_name=”RocketNews AI: ” start_sentence=”Can I tell you more about this article?” text_input_placeholder=”Type ‘Yes'”]