Exchange-Traded Funds (ETFs) evolved from traditional mutual funds in the early 1990s, offering liquidity, diversification, and lower fees. They initially tracked broad market indices, but soon expanded to various asset classes, including sectors, commodities, and fixed income. ETFs' popularity surged due to their flexibility, tax efficiency, and ease of trading, becoming a key invest... https://businesssuccesselites.com/finance/evolution-of-exchange-traded-funds-etf/