The field $\mathbb{C}$ of complex numbers has an involution, and the same is true of the field of algebraic numbers (the algebraic closure of $\mathbb{Q}$ as a subfield of $\mathbb{C}$) and of the field of complex ruler-and-compass constructible complex numbers; in all three cases the involution is the complex conjugation. Any quadratic extension of a field $F$ has an involution that fixes every element of $F$.
Question. $~$If $F$ is a field of characteristic different from $2$ whose every element is a square, does it follow that it has an involution? In particular, does every algebraically closed field of characteristic not $2$ have an involution?
I suspect that the answers are NO and NO$\ldots$ but do not really know, of course, otherwise I would not be asking.
Are there any theorems that say if a field is such and such, then it has an involution, or, perhaps, that under certain conditions there are no involutions? That is, are there theorems that supply fields with involutions (which are not among the examples given above), or fields without an involution? I would appreciate any hints or references. I hit on this question during my current work; it created quite a crater which I want to somehow fill in.