ETFGI reports that assets invested in the ETFs industry globally reached a new record of US$19.25 trillion at the end of October
Press Release
LONDON — November 24, 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 globally reached a new record of US$19.25 trillion at the end of October. During October, the ETFs industry globally gathered net inflows of US$279.04 billion, bringing year-to-date net inflows to a record US$1.82 trillion, according to ETFGI's October 2025 Global 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
- Global ETF industry assets reached a record $19.25 trillion at the end of October, surpassing the previous record of $18.81 trillion in September 2025.
- Assets grew 29.7% year-to-date, rising from $14.85 trillion at the end of 2024 to $19.25 trillion.
- Net inflows of $279.04 billion in October.
- Year-to-date net inflows of $1.82 trillion—the highest on record, compared to $1.45 trillion in 2024 and $1.04 trillion in 2021.
- 77th consecutive month of net inflows.
The S&P 500 rose 2.34% in October, bringing its year-to-date gain to 17.52%. Developed markets excluding the U.S. advanced 1.69% in October and are up 29.83% so far in 2025, with Korea (+18.88%) and Luxembourg (+6.71%) leading the monthly gains. Emerging markets climbed 1.71% during October and have gained 24.50% year-to-date, driven by strong performances in Taiwan (+8.60%) and Hungary (+8.41%), according to Deborah Fuhr, managing partner, founder, and owner of ETFGI.
Growth in assets in the Global ETFs industry as of the end of October
The Global ETFs industry has 15,347 products, with 30,007 listings, assets of $19.25 Tn, from 928 providers on 83 exchanges in 65 countries at the end of October.
iShares leads the global ETF market with assets of US$5.40 trillion, representing a 28.0% market share. Vanguard ranks second with US$4.13 trillion and a 21.4% share, followed by State Street’s SPDR ETFs at US$1.95 trillion and 10.1%. Collectively, these top three providers—out of 928 worldwide—account for 59.6% of global ETF assets, while each of the remaining 925 providers holds less than 6% market share.
In October, ETFs recorded net inflows of US$279.04 billion.
- Equity ETFs attracted US$138.92 billion, bringing year-to-date inflows to US$816.30 billion—slightly above the US$806.44 billion recorded by this point in 2024.
- Fixed income ETFs saw US$52.06 billion in October inflows, pushing year-to-date totals to US$366.29 billion, compared to US$283.55 billion at the end of October 2024.
- Commodity ETFs added US$9.61 billion during the month, with year-to-date inflows reaching US$82.75 billion—significantly higher than the US$7.89 billion reported for the same period in 2024.
- Active ETFs gathered US$75.79 billion in October, bringing year-to-date inflows to US$523.51 billion, up from US$287.05 billion at this point last year.
Substantial inflows can be attributed to the top 20 ETFs by net new assets, which collectively gathered $95.48 Bn during October. Vanguard S&P 500 ETF (VOO US) gathered $17.74 Bn, the largest individual net inflow.
Top 20 ETFs by net new assets October 2025: Global
|
Name |
|
Ticker |
Assets |
NNA |
NNA |
|
Vanguard S&P 500 ETF |
|
VOO US |
799,867.35 |
103,477.09 |
17,739.60 |
|
Akre Focus ETF |
|
AKRE US |
10,412.53 |
10,815.93 |
10,815.93 |
|
SPDR S&P 500 ETF Trust |
|
SPY US |
703,081.27 |
(21,600.55) |
7,398.15 |
|
Invesco QQQ Trust |
|
QQQ US |
410,887.82 |
17,031.52 |
6,928.60 |
|
SPDR Portfolio S&P 500 ETF |
|
SPLG US |
95,792.85 |
29,793.47 |
6,781.43 |
|
Amundi EUR Corporate Bond 1-5Y ESG UCITS ETF Acc |
|
EBBB FP |
6,587.02 |
5,641.51 |
5,043.05 |
|
JPMorgan BetaBuilders Europe ETF |
|
BBEU US |
8,206.82 |
3,647.08 |
4,082.13 |
|
Vanguard Total Stock Market ETF |
|
VTI US |
559,515.73 |
31,311.69 |
4,075.74 |
|
iShares US Treasury Bond ETF |
|
GOVT US |
33,012.00 |
2,583.38 |
4,045.85 |
|
iShares Bitcoin Trust |
|
IBIT US |
87,858.86 |
27,654.05 |
3,931.14 |
|
SPDR Gold Shares |
|
GLD US |
131,107.28 |
18,828.03 |
3,666.30 |
|
iShares Core U.S. Aggregate Bond ETF |
|
AGG US |
135,596.55 |
11,178.50 |
3,171.57 |
|
Vanguard Total Bond Market ETF |
|
BND US |
142,735.14 |
17,034.42 |
3,119.31 |
|
Vanguard Total International Stock Index Fund ETF |
|
VXUS US |
110,845.11 |
14,434.10 |
2,410.90 |
|
Yuanta/P-shares Taiwan Top 50 ETF |
|
0050 TT |
28,867.37 |
7,804.90 |
2,345.47 |
|
Invesco Nasdaq 100 ETF |
|
QQQM US |
68,784.66 |
17,685.25 |
2,284.79 |
|
JPMorgan Municipal ETF |
|
JMUB US |
6,082.08 |
3,967.39 |
2,162.50 |
|
Vanguard FTSE Developed Markets ETF |
|
VEA US |
183,580.30 |
12,473.18 |
1,916.89 |
|
Vanguard Total International Bond ETF |
|
BNDX US |
72,924.90 |
9,866.00 |
1,829.63 |
|
iShares MSCI USA ESG Enhanced UCITS ETF |
|
EEDS LN |
26,390.96 |
3,704.99 |
1,730.74 |
The top 10 ETPs by net new assets collectively gathered $2.53 Bn over October. Japan Physical Gold ETF (1540 JP) gathered $500.23 Mn, the largest individual net inflow.
Top 10 ETPs by net new assets October 2025: Global
|
Name |
|
Ticker |
Asset |
NNA |
NNA |
|
|
1540 JP |
7,796.75 |
2,209.96 |
500.23 |
|
|
CoinShares FTX Physical Staked Solana |
|
SLNC GY |
965.56 |
648.00 |
456.96 |
|
CoinShares Physical Staked Toncoin |
|
CTON SW |
339.00 |
339.00 |
339.00 |
|
AMUNDI PHYSICAL GOLD ETC (C) - Acc |
|
GOLD FP |
10,491.26 |
1,691.73 |
313.33 |
|
NEXT NOTES Nikkei JPX Leveraged Gold ETN |
|
2036 JP |
496.37 |
263.83 |
221.58 |
|
Kiwoom Securities Kiwoom CD Interest Rate Investment ETN 9 |
|
760009 KS |
676.51 |
363.29 |
220.12 |
|
iShares Bitcoin ETP |
|
IB1T GY |
702.15 |
657.57 |
143.47 |
|
WisdomTree Industrial Metals |
|
AIGI LN |
613.18 |
78.93 |
125.42 |
|
KB Securities KB KIS CD ETN 58 |
|
580058 KS |
478.36 |
110.39 |
110.39 |
|
Japan Physical Silver ETF |
|
1542 JP |
424.64 |
221.22 |
103.60 |
Investors have tended to invest in Equity ETFs during October.
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 on Tuesday, December 9th in Toronto for our 7th Annual ETFGI Global ETFs Insights Summit – Canada at Borden Ladner Gervais LLP (BLG)’s office! View the agenda and all speakers below.
The day will start with registration and networking coffee at 8:45 AM, followed by an opening bell-ringing ceremony with the TMX Group at 9:20 AM to celebrate 35 years of ETFs in Canada. The program will then continue with a full day of panel discussions featuring industry leaders.
The summit is designed as an educational event to foster deep, insightful discussions on the use, due diligence and selection and best trading practices for ETFs by financial advisors and institutional investors in Canada. Explore how regulatory changes are impacting product development including share classes, Active ETFs, Alternative ETFs, Crypto, digital assets and tokenisation and market structure.
🎟️Don’t miss this opportunity to explore key trends and network with industry leaders driving the future of ETFs. Register now to join us!
|
🗓️ AGENDA 2025 📅Event Date: Tuesday, December 9th |
CPD Credits: Earn educational credits
|
|
|
|
|
