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Zero-day options make their ETF debut as more launches lined up

Debate continues over whether boom in short-expiry options is adding to volatility

The first ETF promising to actively trade so-called 'zero-day to expiry' or '0DTE' options made its market debut on 14 September, and two more are expected to launch in the not-too-distant future.

Defiance ETFs, an boutique ETF firm with just under $900m in assets under management, launched what it’s calling the Defiance Nasdaq 100 Enhanced Options Income ETF on 14 September.

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