FYI: Pop the champagne! Exchange-traded funds, or ETFs, recently celebrated a milestone birthday: January marked 25 years since the world’s largest ETF made its debut on Wall Street as the first U.S.-listed investment of its kind.
In the quarter-century since, ETFs have experienced massive popularity and growth. Last year alone, the total amount of money invested in U.S.-based ETFs increased 34%, growing to a record $3.4 trillion by the end of December.
Regards,
Ted
https://www.marketwatch.com/story/what-are-etfs-a-beginners-guide-to-exchange-traded-funds-2018-02-23/print
