Exchange-Traded Funds (ETFs) revolutionized investing by combining the diversification of mutual funds with the trading flexibility of stocks. Originating in the early 1990s, the first successful ETF—SPDR S&P 500 ETF (SPY)—was launched in 1993 in the U.S. by State Street Global Advisors.
ETFs were designed to offer investors easy access to a broad market index without the high fees... https://businesssuccesselites.com/finance/the-captivating-journey-of-etf-investments-and-their-origins/