Canada: Birthplace of the ETF
July 05, 2023 at 12:20 PM EDT
Since State Street launched the SPDR S&P 500 ETF Trust (SPY), the ETF industry has soared, with total net assets in the U.S. reaching $6.447 trillion in 2022. But the ETF didn’t originate with SPY, nor did it even come from the U.S. Believe it or not, the first ETF was launched in Canada — three [...] The post Canada: Birthplace of the ETF appeared first on ETF Trends .
