ETFGI reports the ETFs industry in Europe gathered a record 270.42 billion US dollars in net inflows during 2024

LONDON January 20, 2025 — ETFGI, a leading independent research and consultancy firm renowned for its expertise in subscription research, consulting services, events, and ETF TV on global ETF industry trends, reports the ETFs industry in Europe gathered a record US$270.42 billion in net inflows during 2024. During December the ETFs industry in Europe gathered net inflows of US$32.91 billion, bringing 2024 net inflows to a record US$270.42 billion, according to ETFGI's December 2024 European ETFs and ETPs 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

  • Record $270.42 Bn in net inflows in 2024, the second highest full year net inflows was $193.46 Bn in 2021 and the third highest full year net inflows was $155.91 Bn in 2023.
  • Assets of $2.27 Tn invested in the ETFs industry Europe at the end of December 2024 are the second highest on record, below the record high assets of $2.29 Tn in November 2024.
  • Assets invested in the ETFs industry in Europe increased 25.0% in 2024, going from $1.82 Tn at end of 2023 to $2.27 Tn.
  • 27th month of consecutive net inflows.

“The S&P 500 index decreased by 2.38% in December but was up by 25.02% in 2024. The developed markets excluding the US index decreased by 2.78% in December but is up 3.81% in 2024. Denmark (down 12.34%) and Australia (down 7.90%) saw the largest decreases amongst the developed markets in December. The emerging markets index increased by 0.19% during December and is up 11.96% in 2024. United Arab Emirates (up 6.42%) and Greece (up 4.21%) saw the largest increases amongst emerging markets in December.” According to Deborah Fuhr, managing partner, founder, and owner of ETFGI.

 

Growth in assets in the ETFs industry in Europe at the end of 2024

 

The ETFs industry in Europe had 3,107 products, with 12,907 listings, assets of $2.27 trillion, from 107 providers listed on 29 exchanges in 24 countries at the end of December.

During December, ETFs gathered net inflows to $32.91 Bn. Equity ETFs gathered net inflows of $26.99 Bn over December, bringing 2024 net inflows to $201.58 Bn, higher than the $93.31 Bn in net in 2023. Fixed income ETFs had net inflows of $3.88 Bn during December, bringing 2024 net inflows to $56.86 Bn, lower than the $65.14 Bn in net inflows in 2023. Commodities ETFs reported net outflows of $758.66 Mn during December, bringing 2024 net outflows to $7.64 Bn, lower than the $9.27 Bn in net outflows in 2023. Active ETFs attracted net inflows of $2.88 Bn over the month, gathering net inflows in 2024 of $19.94 Bn, higher than the $7.29 Bn in net inflows in 2023.

Substantial inflows can be attributed to the top 20 ETFs by net new assets, which collectively gathered $26.16 Bn during December. Amundi S&P 500 II UCITS ETF USD (LSPU LN) gathered $4.33 Bn, the largest individual net inflow.

Top 20 ETFs by net inflows in December 2024: Europe

Name

Ticker

Assets
($ Mn)
 Dec-24

NNA
($ Mn)
 YTD-24

NNA
($ Mn)
Dec-24

Amundi S&P 500 II UCITS ETF USD

LSPU LN

19,995.71

7,807.19

4,325.78

Invesco S&P 500 UCITS ETF - Acc

SPXS LN

38,723.33

11,042.19

3,677.87

iShares Core MSCI World UCITS ETF

IWDA LN

94,671.22

15,956.33

3,492.11

iShares Core S&P 500 UCITS ETF

CSSPX SW

110,029.79

19,035.45

2,463.59

SPDR S&P 500 UCITS ETF

SPY5 GY

21,711.74

10,761.64

1,644.31

Xtrackers II EUR Overnight Rate Swap UCITS ETF - 1C

XEON GY

14,146.65

9,190.29

1,393.10

Xtrackers S&P 500 Equal Weight ESG UCITS ETF

XZEW GY

3,542.65

3,160.45

1,089.01

iShares S&P 500 Swap UCITS ETF

I500 NA

10,200.04

5,253.01

982.95

Vanguard S&P 500 UCITS ETF

VUSA LN

63,135.94

6,504.02

876.61

iShares MSCI USA ESG Enhanced UCITS ETF

EEDS LN

19,617.39

1,437.71

773.03

SPDR S&P 400 US Mid Cap UCITS ETF - Acc

SPY4 GY

4,625.54

2,705.81

649.36

SPDR Russell 2000 U.S. Small Cap UCITS ETF - Acc

ZPRR GY

4,957.00

2,382.02

647.17

iShares Core UK Gilts UCITS ETF

IGLT LN

4,863.51

1,872.55

605.53

Vanguard FTSE All-World UCITS ETF

VWRD LN

32,412.49

6,916.66

569.53

iShares € Ultrashort Bond UCITS ETF

ERNE LN

4,406.23

1,311.29

546.22

iShares MSCI World Small Cap UCITS ETF

WLDS LN

5,032.24

1,273.12

533.96

iShares USD Treasury Bond 0-1yr UCITS ETF

IBTU LN

19,829.48

6,693.60

487.56

L&G MSCI Europe Climate Pathway UCITS ETF

RIEU LN

711.83

(933.45)

486.53

Amundi Nasdaq-100 II UCITS ETF

UST FP

5,188.68

1,226.52

465.13

iShares $ Treasury Bond 0-3 Month UCITS ETF

U03A LN

459.75

459.24

455.02

https://etfgi.com/sites/default/files/styles/feature_image/public/source_3.png?itok=sw3zyEon

 

The top 10 ETPs by net new assets collectively gathered $1.11 Bn during December. AMUNDI PHYSICAL GOLD ETC (C) - Acc (GOLD FP) gathered $374.56 Mn the largest individual net inflow.

Top 10 ETPs by net inflows in December 2024: Europe

Name

Ticker

Assets
($ Mn)
 Dec-24

NNA
($ Mn)
 YTD-24

NNA
($ Mn)
Dec-24

AMUNDI PHYSICAL GOLD ETC (C) - Acc

GOLD FP

5,468.06

421.98

374.56

21Shares XRP ETP

AXRP SW

410.80

209.72

176.92

Bitwise Physical XRP ETP

GXRP GY

229.23

188.61

104.86

WisdomTree Physical Swiss Gold

SGBS LN

3,197.29

73.78

99.69

WisdomTree Physical Bitcoin

BTCW SW

1,030.92

230.54

92.91

Invesco Physical Gold ETC - Acc

SGLD LN

16,806.56

(1,685.04)

62.27

CoinShares Physical Ethereum

ETHE SW

399.95

103.64

58.31

WisdomTree Physical Ethereum

ETHW SW

170.65

93.54

55.74

WisdomTree Physical XRP

XRPW NA

219.10

166.47

52.41

WisdomTree Physical Gold - EUR Daily Hedged

GBSE GY

419.01

(58.63)

33.15

https://etfgi.com/sites/default/files/styles/feature_image/public/source_3.png?itok=sw3zyEon

Investors have tended to invest in Equity ETFs and ETPs during December.

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


 

We are looking forward to our 2025 annual ETFGI Global ETFs Insights Summits. The summits are designed to facilitate substantive and in-depth discussions around the use and selection of ETFs by financial advisors and institutional investors.  Panel discussions with industry leaders discuss the impact that market structure and regulations have on ETF product development, due diligence, suitability, the use and trading, and technological developments have on ETFs and mutual funds in the respective jurisdictions. 

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Contact: 
Deborah Fuhr 
Managing Partner, Founder 
ETFGI 
Mobile: +44 777 5823 111 
Email: deborah.fuhr@etfgi.com 
Web: www.etfgi.com 

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