The evolution of Exchange-Traded Funds (ETFs) began in 1993 with the launch of the SPDR S&P 500 ETF. Initially designed for institutional investors, ETFs grew in popularity due to their low costs, diversification, and liquidity. Over time, the variety of ETFs expanded to include sector-specific, international, and thematic funds, transforming them into mainstream investment vehicles f... https://businesssuccesselites.com/finance/evolution-of-exchange-traded-funds-etf/