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This ETF providing might develop into subsequent yr’s sizzling product

Options overlays: more in '24?

BNY Mellon’s international head of ETFs steered exchange-traded funds utilizing choices overlays might develop into subsequent yr’s sizzling product.

“We are absolutely going to see more of these options-based products come to market,” Ben Slavin advised CNBC’s “ETF Edge” on Monday. “We see it in our own book.”

Choices overlays are a method 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 mentioned.

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