ETFGI reports that assets invested in the Global ETFs industry reached a new milestone of US$11.73 trillion at the end of January

Press release

LONDON —February 21, 2024 — ETFGI, a leading independent research and consultancy firm covering trends in the global ETFs ecosystem, reported today that assets invested in the Global ETFs industry reached a new milestone of US$11.73 trillion at the end of January.  The global ETFs industry gathered US$136.80 billion in net inflows in January. During the month, assets invested in the global ETFs industry increased by 0.8%, from US$11.63 trillion at the end of December to US$11.73 trillion, according to ETFGI's January 2024 global ETFs industry landscape insights report, the monthly report which is part of an annual paid-for research subscription service. (All dollar values in USD unless otherwise noted)

 

Highlights

• Assets invested in the global ETFs industry reached a new milestone of $11.73 Tn at the end of January beating the previous record of $11.63 Tn set at the end of December 2023.
• Net inflows of $136.80 Bn during January.
• January net inflows of $136.80 Bn are the highest on record, while the second highest recorded January net inflows was of $105.59 Bn in 2018 and the third highest was $85.28 Bn in 2021.
• 56^th month of consecutive net inflows.

 

“The S&P 500 increased by 1.68% in January. Developed markets excluding the US decreased by 0.31% in January. Hong Kong (down 9.80%) and Korea (down 9.69%) saw the largest decreases amongst the developed markets in January. Emerging markets decreased by 3.46% during January. China (down 11.18%) and Chile (down 9.68%) saw the largest decreases amongst emerging markets in January,” according to Deborah Fuhr, managing partner, founder, and owner of ETFGI.

 

Global ETFs industry asset growth as of the end of January

 

 

The Global ETFs industry had 11,975 products, with 24,041 listings, assets of $11.73 Tn, from 732 providers listed on 81 exchanges in 63 countries at the end of January.

During January, the ETFs industry gathered net inflows of $136.80 Bn. Equity ETFs gathered net inflows of $60.92 Bn during January, higher than the $21.81 Bn in net inflows in January 2023. Fixed income ETFs reported net inflows of $30.20 Bn during January, higher than the $26.79 Bn in net inflows in January 2023. Commodities ETFs/ETPs reported net outflows of $3.60 Bn during January, higher than the $305 Mn in net outflows in January 2023. Active ETFs attracted net inflows of $24.71 Bn during the month, higher than the $10.69 Bn in net inflows in January 2023.

Substantial inflows can be attributed to the top 20 ETFs by net new assets, which collectively gathered $99.56 Bn during January. Grayscale Bitcoin Trust (GBTC US) gathered $20.52 Bn, the largest individual net inflow.
 

Top 20 ETFs by net new inflows January 2024: Global

Name		Ticker	Assets ($ Mn) Jan-24	NNA ($ Mn)  YTD-24	NNA ($ Mn) Jan-24
Grayscale Bitcoin Trust		GBTC US	20,708.06	20,519.16	20,519.16
iShares Core S&P 500 ETF		IVV US	414,144.37	11,980.06	11,980.06
Vanguard S&P 500 ETF		VOO US	388,654.25	9,842.92	9,842.92
Invesco QQQ Trust		QQQ US	241,543.34	7,116.59	7,116.59
E Fund CSI 300 ETF		510310 CH	11,778.84	5,577.11	5,577.11
Harvest CSI 300 Index ETF - Acc		159919 CH	9,748.74	4,296.19	4,296.19
Huatai-Pinebridge CSI 300 ETF		510300 CH	21,224.85	4,288.28	4,288.28
iShares S&P 500 Value ETF		IVE US	31,005.20	3,521.80	3,521.80
China AMC CSI 300 Index ETF		510330 CH	8,386.26	3,447.62	3,447.62
iShares iBoxx $ Investment Grade Corporate Bond ETF		LQD US	35,071.60	3,246.54	3,246.54
iShares Core S&P 500 UCITS ETF - Acc		CSSPX SW	75,956.98	3,013.81	3,013.81
Blackrock US Equity Factor Rotation ETF		DYNF US	2,860.89	2,857.32	2,857.32
iShares Bitcoin Trust		IBIT US	2,836.69	2,800.04	2,800.04
Vanguard Total Stock Market ETF		VTI US	351,708.09	2,722.90	2,722.90
iShares Core Total USD Bond Market ETF		IUSB US	26,347.89	2,579.88	2,579.88
China AMC China 50 ETF		510050 CH	13,512.97	2,552.47	2,552.47
Fidelity Wise Origin Bitcoin Fund		FBTC US	2,535.43	2,503.89	2,503.89
VanEck 1-5 Year Australian Government Bond ETF		1GOV AU	2,495.45	2,494.11	2,494.11
Invesco Nasdaq 100 ETF		QQQM US	21,025.25	2,121.77	2,121.77
iShares Core € Corp Bond UCITS ETF		IEBC LN	19,440.06	2,079.63	2,079.63

 

 

The top 10 ETPs by net new assets collectively gathered $816.17 Mn over January. AMUNDI PHYSICAL GOLD ETC (C) - Acc (GOLD FP) gathered $289.06 Mn, the largest individual net inflow.

Top 10 ETPs by net new inflows January 2024: Global

Name		Ticker	NNA ($ Mn) Jan-24	NNA ($ Mn)  YTD-24	NNA ($ Mn) Jan-24
AMUNDI PHYSICAL GOLD ETC (C) - Acc		GOLD FP	4,205.30	289.06	289.06
WisdomTree Copper - Acc		COPA LN	1,410.55	125.34	125.34
NH QV KIS CD Interest Rate Investment ETN 82		550082 KS	386.40	77.28	77.28
WisdomTree Core Physical Gold - Acc		WGLD LN	631.06	56.80	56.80
MAX S&P 500 4X Leveraged ETN		XXXX US	89.87	50.25	50.25
SG ETC FTSE MIB -3x Daily Short Collateralized - Acc		MIB3S IM	5.69	47.61	47.61
Leverage Shares 3x Tesla ETP - Acc		TSL3 LN	137.48	45.96	45.96
SPDR Gold MiniShares Trust		GLDM US	6,378.49	44.02	44.02
WisdomTree WTI Crude Oil - Acc		CRUD LN	813.78	39.99	39.99
MicroSectors FANG+ ETNs		FNGS US	234.16	39.88	39.88

 

Investors have tended to invest in Equity ETFs during January.

Contact deborah.fuhr@etfgi.com if you have any questions or comments on the press release or ETFGI events, research or consulting services.

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