ETFGI reports assets invested in ETFs in the United States reached a new all-time high of US$12.19 trillion at the end of August

Press Release

LONDONSeptember 11, 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 invested in the ETFs industry in the United States reached a new all-time high of US$12.19 trillion at the end of August.  During August, the ETFs industry in the United States gathered net inflows of US$120.65 billion, bringing year-to-date net inflows to a record US$798.77 billion, according to ETFGI's August 2025 US 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.)

U.S. ETF Industry Highlights – August 2025

Assets invested in ETFs in the United States reached a new all-time high of $12.19 trillion at the end of August, surpassing the previous record of $11.81 trillion set just a month earlier in July. This represents a 17.8% increase year-to-date, up from $10.35 trillion at the end of 2024.

The industry recorded net inflows of $120.65 billion in August, contributing to year-to-date net inflows of $798.77 billion—the highest on record. This surpasses the previous YTD records of $643.49 billion in 2024 and $594.43 billion in 2021.

Over the past 12 months, ETFs in the U.S. have gathered $1.33 trillion in net inflows, marking the 40th consecutive month of net inflows.

iShares remains the largest ETF provider in the United States, managing $3.64 trillion in assets, which represents a 29.9% market share. Vanguard follows closely with $3.52 trillion, accounting for 28.9% of the market. SPDR ETFs ranks third with $1.68 trillion, holding a 13.7% market share.  Together, these top three providers control 72.5% of total U.S. ETF industry assets under management (AUM). 

 

“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 the United States as of the end of August

 

 

The ETFs industry in the United States had 4,480 products, assets of US$12.19 Tn, from 415 providers listed on 3 exchanges at the end of August.

U.S. ETFs Net Inflows – August 2025

During August, ETFs listed in the United States gathered $120.65 billion in net inflows.

Equity ETFs attracted $42.02 billion in net inflows during the month, bringing year-to-date inflows to $291.66 billion—slightly ahead of the $288.59 billion recorded at the same point in 2024.

Fixed income ETFs saw $31.66 billion in net inflows in August, pushing year-to-date inflows to $151.79 billion, up from $129.53 billion by the end of August 2024.

Commodities ETFs reported $4.98 billion in net inflows for the month, bringing year-to-date inflows to $27.78 billion—a significant turnaround from the $1.53 billion in net outflows recorded over the same period in 2024.

Active ETFs attracted $43.41 billion in August, with year-to-date inflows reaching $307.18 billion, a substantial increase from $180.22 billion at this point last year. 

Substantial inflows can be attributed to the top 20 ETF‘s by net new assets, which collectively gathered $57.11 Bn in August. Vanguard S&P 500 ETF (VOO US) gathered $9.17 Bn, the largest individual net inflow.

Top 20 ETFs by net new assets August 2025: US

 

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The top 10 ETPs by net assets collectively gathered $1.43 Bn during August. Fidelity Ethereum Fund (FETH US) gathered $493.44 Mn, the largest individual net inflow.

Top 10 ETPs by net new assets August 2025: US

 


Investors have tended to invest in Active 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
 CPD Credits: Earn educational credits
📋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 ClubRegister now.
  • 7th Annual - Canada - Join us to Celebrate 35 Years of ETFs in Canada at Borden Ladner Gervais LLP (BLG)’s office on Dec 9th in Toronto! Register now.

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

 

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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