"Explosive Growth: Zero-Day Options Shake Up $7.4 Trillion ETF Market"

The booming demand for stock investments with an income stream has led to the integration of the hottest options trade into the $7.4 trillion ETF market. Defiance ETFs is launching the Defiance Nasdaq 100 Enhanced Options Income ETF (ticker QQQY), which will utilize zero-day-to-expiration contracts (0DTE) to sell ultra short-dated options on the Nasdaq 100. By offering options with such a short lifespan, the ETF aims to generate more frequent cash flow and potentially double the cash flow of rival products. The launch of QQQY reflects the current appetite for products with a reliable income stream, but also raises concerns about the potential threat to market stability and the contribution to subdued volatility.