Exchange-Traded Funds (ETFs) emerged in the early 1990s, with the launch of the SPDR S&P 500 ETF in 1993. Initially designed for institutional investors, ETFs grew in popularity due to their low costs, diversification, and liquidity. Over time, they expanded to cover various asset classes, including stocks, bonds, commodities, and even cryptocurrencies, transforming investment strateg... https://businesssuccesselites.com/finance/evolution-of-exchange-traded-funds-etf/