Exchange Traded Funds have emerged as one of the most prominent and fast-growing investment vehicles in the North American market, offering investors accessibility to virtually every asset class, sector, region, country, commodity, currency, factor, theme, derivative, and strategy. The presence of ETFs in the market reflects a growing sentiment for cost-effective, tax-efficient, liquid, and transparent investment options for individual and institutional investors alike, highlighting the needs for market participants to understand the market, trends, and operational workflows that underpin the product.