Exchange-Traded Funds (ETFs) have evolved from simple index-tracking funds in the 1990s to diverse instruments covering sectors, commodities, bonds, and thematic investments. Innovations like smart beta, leveraged, and active ETFs broadened investor options. With low costs, liquidity, and transparency, ETFs have become a preferred investment vehicle, reshaping portfolio strategies in ... https://businesssuccesselites.com/finance/evolution-of-exchange-traded-funds-etf/