Exchange-Traded Funds (ETFs) began in 1993 with SPDR S&P 500, offering low-cost, diversified exposure. Initially tracking major indices, ETFs evolved to cover sectors, commodities, bonds, and strategies like smart beta. Technological advances, fee competition, and investor demand fueled explosive growth. Today, ETFs are vital investment tools globally, blending mutual fund diversifica... https://businesssuccesselites.com/finance/evolution-of-exchange-traded-funds-etf/