ELI5: How do ETFS collect their fees?

Hello, I am new to stocks. After reading a lot of the advice on this reddit, I decided to invest into ETFs. I understand the concept of expense ratios but one thing that has confused me, is how are the fees by ETFs actually collected? I have read a lot of articles on this but it just doesn't make sense 🙁 I sold a small portion of my ETFs last week and didn't see anything in my brokerage account that indicates the fees were taken out. I thought maybe the fees were being collected by reducing my shares but I noticed that didn't change either. In very basic terms, where would I notice the ETF fees? Thanks in advance!


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