Exchange-Traded Funds (ETFs) have evolved from their inception in 1993, when the first U.S. ETF, the SPDR S&P 500, was launched. Initially focused on broad market indices, ETFs now cover diverse asset classes like bonds, commodities, and real estate. Innovations like smart-beta and thematic ETFs have expanded their appeal, making them popular among both retail and institutional invest... https://businesssuccesselites.com/finance/evolution-of-exchange-traded-funds-etf/