Exchange-Traded Funds (ETFs) began in the early 1990s, offering a new way to invest in diversified portfolios like index funds but with stock-like trading flexibility. Initially tracking major indices, ETFs have since evolved to cover sectors, commodities, bonds, and thematic strategies. Their low costs, transparency, and liquidity have made them popular with both retail and instituti... https://businesssuccesselites.com/finance/evolution-of-exchange-traded-funds-etf/