News

This ETF offering could become next year's hot product

This ETF offering could become next year’s hot product
Seksan Mongkhonkhamsao | Moment | Getty Images

BNY Mellon's global head of ETFs suggests 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

Copyright CNBC
Contact Us