Using a Scalpel, Not a Sledgehammer: The Rise of Derivative ETFs

Aug 06, 2026

Host Mark Benzaquen sits down with Sara Levin, Managing Director, ETF and Derivative Trading at WallachBeth Capital, for her very first podcast appearance. Fresh off moderating a panel at the Options Industry Conference, Sara breaks down the rapid growth of derivative ETFs — from buffer and defined outcome strategies to FLEX options and box ETFs. She explains how the ETF wrapper has made sophisticated derivatives accessible to both retail and institutional investors, why education remains essential as these worlds collide, and what it really means to take a scalpel rather than a sledgehammer to the market.