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Explain an ETF

Please explain what an ETF is?
Why are ETFs increasingly becoming a staple of investment portfolios?
and How are they?

Please discuss in detail
Provide at least 1 reference

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ETF or exchange traded fund are investment funds that are traded like stocks on the exchanges or capital markets. An ETF is a security that can track index, basket of assets or even commodities like Silver and gold, but is traded just like a stock on the exchanges. In other words, their prices are fluctuating throughout the trading period and can be ...

Solution Summary

Explain an ETF and why they are becoming a staple of investment portfolios