ETFGI reports that assets invested in the ETFs industry in Europe reached a new record of US$2.87 trillion at the end of August

Press Release

LONDON — September 12, 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, reported today that assets in the ETFs industry in Europe reached a new record of US$2.87 trillion at the end of August. During August the ETFs industry in Europe gathered net inflows of US$33.71 billion, bringing year-to-date net inflows to US$240.99 billion, according to ETFGI's August 2025 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.)

Europe ETF Industry Highlights – August 2025
Assets invested in the European ETF industry reached a new record of $2.87 trillion at the end of August 2025, surpassing the previous high of $2.76 trillion set just a month earlier in July. This represents a 26.2% increase year-to-date, with assets rising from $2.27 trillion at the end of 2024.

In August alone, the industry recorded net inflows of $33.71 billion. Year-to-date net inflows now total $240.99 billion, marking the highest level on record. For comparison, the second-highest YTD net inflows were $151.97 billion in 2024, followed by $138.94 billion in 2021.

August also marked the 35th consecutive month of net inflows, underscoring the sustained investor demand for ETFs in Europe.

Equity ETFs and ETPs listed in Europe have been the primary driver of growth, attracting $163.15 billion in net inflows year-to-date—also a record. The previous highest YTD equity inflows were $106.93 billion in 2024 and $101.10 billion in 2021.

iShares remains the largest ETF provider in Europe by assets under management, with US$1.18 trillion, representing a 41.1% market share. Amundi ETF ranks second with US$350.88 billion in assets and a 12.2% share, followed by Xtrackers in third place with US$303.04 billion and a 10.6% share. Collectively, these top three providers—out of a total of 129—account for 63.8% of the total assets under management in the European ETF industry.

“The S&P 500 index rose 2.03% in August, bringing its year-to-date gain to 10.79%. Developed markets excluding the US index advanced 4.29% during the month, and are now up 24.56% year-to-date. Among developed markets, Denmark (+6.37%) and Japan (+6.24%) experienced the largest declines in August. Emerging markets index posted a 2.48% gain in August, with year-to-date performance reaching +16.04%. Chile (+9.63%) and Brazil (+8.46%) led the gains among emerging markets during the month.” According to Deborah Fuhr, managing partner, founder, and owner of ETFGI.

 

Growth in assets in the ETFs industry in Europe as of the end of August

 

 

The ETFs industry in Europe has 3,333 products, with 14,129 listings, assets of $2.87 Tn, from 129 providers listed on 29 exchanges in 24 countries at the end of August.

Net Inflows in the ETFs industry in Europe – August 2025
During August, ETFs in Europe recorded net inflows of $33.71 billion. Equity ETFs led the way, attracting $18.85 billion in net inflows for the month, bringing year-to-date net inflows to $163.15 billion—significantly higher than the $106.93 billion gathered by equity products over the same period in 2024.

Fixed income ETFs saw $8.14 billion in net inflows during August, pushing their year-to-date total to $44.07 billion, which exceeds the $41.59 billion recorded by the end of August 2024.

Commodities ETFs reported $2.51 billion in net inflows for the month, bringing year-to-date inflows to $10.47 billion, a notable turnaround from the $4.93 billion in net outflows reported year-to-date in 2024.

Active ETFs attracted $4.43 billion in net inflows during August, with year-to-date inflows reaching $21.21 billion, more than double the $8.77 billion gathered over the same period in 2024. 

Substantial inflows can be attributed to the top 20 ETFs by net new assets, which collectively gathered $13.83 Bn in August. iShares Core MSCI World UCITS ETF (IWDA LN) gathered $1.29 Bn, the largest individual net inflow.

Top 20 ETFs by net new assets August 2025: Europe

The top 10 ETPs by net new assets collectively gathered $2.43 Bn during August. iShares Physical Gold ETC (SGLN LN) gathered $877.21 Mn, the largest individual net inflow.

Top 10 ETPs by net new assets August 2025: Europe

Investors have tended to invest in Equity ETFs during August.

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

 

Register now to join us at our 6th Annual ETFGI Global ETFs Insights Summit - Middle East/ GCC on October 7th in Abu Dhabi at ADGM.

The summit is designed to be an educational event fostering discussions will address key trends shaping the wealth, private banking, and asset management landscape in the Middle East region including looking at the Exchange Traded Funds “ETFs”. We will discuss best practices in the due diligence, selection, and trading of local, US and UCITS ETFs by financial advisors and institutional investors in the GCC – with a specific focus on the UAE, Saudi Arabia and Qatar. Hear from industry leaders from ETF issuers, regulators, investors, exchanges, and trading firms who will share insights on product development, regulations, trading practices, and technological advancements shaping ETF innovation and usage.

 


Topics will include:

  • Trends in the ETFs Industry - ETFGI Research
  • Saudi-HK Connect Cross-Border ETF Innovation, Reshaping Regional Investment
  • Regulatory Framework for ETFs & Funds in the UAE and GCC 
  • Investor Trends in the UAE – GCC
  • Best Practices When Selecting and Investing in ETFs
  • How Investors are Using ETFs in the UAE -  GCC
  • Understanding ETF Trading and Liquidity    
  • Accessing India
  • Future Outlook for Asset Management and ETS in a UAE – GCC

  Part II: 

  • Navigating a Successful Career in the UAE – Insights from Senior Women Leaders
  • Networking Drinks Reception


Speakers will include: 

  • Haitham Fahad Alrashed, Director, Head of Corporate Development and Strategy, Albilad Capital 
  • Aniruddha Chatterjee, CEO, Indices and Data, NSE
  • Mohamed Dagher, Director - Relationship Manager, Euroclear 
  • Biswajit Dasgupta, Chief Investment Officer, Asas Capital  
  • Rocio Echague, Head of Securities Services, MENA ex. Saudi, Markets & Securities Services, HSBC Bank Middle East 
  • Houda Ennebati, Head of Xtrackers ETF Sales - France & MENA, DWS Group
  • Silvia Flesia, Chief Investment Officer, Enspire
  • Farah Foustok, Founding Partner, ALARA Partners
  • Deborah Fuhr, Managing Partner, Founder, ETFGI
  • Geoffroy Hermanns, Partner, Norton Rose Fulbright 
  • Nicolas Ioannides, Head: ETFs & Cross Asset Solutions, Tradition
  • Frank Koudelka, Senior Vice President – ETF Product Solutions, State Street
  • Daniela Mandacaru, Director - Wealth & Asset Management Consulting Business Leader, EY
  • Ibrahim Masood, Senior Vice President, Sr. Director, Equity Portfolio Management, Mashreq Capital  
  • Luca Pagni, Head of ETF fixed income - Portfolio Manager, BNP Paribas Asset Management
  • Rachel Pether CFA, Head of MENA, 3iQ 
  • Hemal Purohit, Managing Director, Cross Asset Sales, Clear Street
  • Sherif Salem, Partner & Head of Public Markets, Lunate  
  • Annie Shum, Managing Director, Head of Business Strategy & International Sales, CSOP Asset Management Limited 
  • Ameni Takouri, Institutional Sales & Trading, Jane Street 
  • Aymen Triki, Acting Chief Capital Market Officer/ Director (Sales & Relationship Management),  Abu Dhabi Securities Exchange


Don’t miss this opportunity to explore key trends and network with experts driving the future of ETFs. Register now to join us!

📅Event Date: October 7th
📍Location: ADGM, Abu Dhabi
🆓 Free Registration: For CFA members, buy-side institutional investors, and financial advisors
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📋View the agenda, speakers, and topics from last year's successful ETFGI Global ETFs Insights Summit - Middle East: https://bit.ly/3ZDwyoU

Upcoming 2025 ETFGI Global ETFs Insights Summits schedule:

  • 6th Annual - United States in New York on November 5 at The Yale Club. Register now.
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ETFGI (www.ETFGI.com) is a leading independent firm which has for over 13 years provided subscription research services providing monthly reports covering trends in the global ETFs ecosystem, factsheets on all ETFs and ETPs listed globally, consulting services, ETF TV (www.ETFtv.net) and our Annual ETFGI Global ETFs Insights Summit educational events.

If you are interested in sponsoring or speaking at any of our upcoming events or have any questions, please contact us deborah.fuhr@etfgi.com and margareta.hricova@etfgi.com.