ETFGI reports ETFs industry in Europe sets new record with US$3.53 trillion in assets and strongest YTD inflows on record
Press Release
LONDON — March 23, 2026 — ETFs industry in Europe sets new record with US$3.53 trillion in assets and strongest YTD inflows on record at the end of February. During February the ETFs industry in Europe gathered net inflows of US$56.42 billion, bringing year-to-date net inflows to a record US$115.09 billion, according to ETFGI's February 2026 European ETFs industry landscape insights report, the monthly report which is part of an annual paid-for research subscription service. ETFGI, is a 14 year old leading independent research and consultancy firm renowned for its expertise in subscription research, consulting services, 6 annual ETFGI Global ETFs Insights Summits, and ETF TV on global ETF industry trends. (All dollar values in USD unless otherwise noted.)
- Assets invested in Europe’s ETF industry reached a record high of $3.53 trillion at the end of February, surpassing the previous record of $3.40 trillion set in January 2026.
- Assets have grown 9.4% year‑to‑date, rising from $3.22 trillion at the end of 2025 to $3.53 trillion.
- ETFs and ETPs in Europe recorded $56.42 billion in net inflows during February 2026.
- Year‑to‑date net inflows stand at $115.09 billion—the highest on record—followed by $70.41 billion in 2025 and $41.91 billion in 2021
- February marked the 41st consecutive month of net inflows.
“The S&P 500 declined by 0.76% in February and was up 0.68% year‑to‑date in 2026. Developed markets excluding the U.S. rose 6.03% during February and were up 12.55% year‑to‑date, with Korea (up 20.11%) and Luxembourg (up 16.61%) recording the strongest gains among developed markets for the month. Emerging markets increased by 2.47% in February and were up 8.11% year‑to‑date, led by Thailand (up 19.48%) and Taiwan (up 11.63%),” said Deborah Fuhr, Managing Partner, Founder, and Owner of ETFGI.
Growth in assets in the ETFs industry in Europe as of the end of February
|
Source: ETFGI data sourced from ETF/ETP sponsors, exchanges, regulatory filings, Thomson Reuters/Lipper, Bloomberg, publicly available sources and data generated in-house. Note: “ETFs” are typically open-end index funds that provide daily portfolio transparency, are listed and traded on exchanges like stocks on a secondary basis as well as utilising a unique creation and redemption process for primary transactions. “ETPs” refers to other products that have similarities to ETFs in the way they trade and settle but they do not use a mutual fund structure. The use of other structures including grantor trusts, partnerships, notes and depositary receipts by ETPs can create different tax and regulatory implications for investors when compared to ETFs which are funds. |
The ETFs industry in Europe had 3,618 products, with 15,154 listings, assets of $3.53 Tn, from 146 providers listed on 31 exchanges in 25 countries at the end of February.
iShares remains the largest provider in Europe with $1.41 trillion in assets, representing 39.9% of the market. Amundi ETF ranks second with $439.26 billion and a 12.5% share, followed by Xtrackers with $362.75 billion and 10.3%. Together, the top three providers account for 62.6% of total European ETF assets, while each of the remaining 143 providers holds less than a 7% market share.
Net flows
- ETFs gathered US$56.42 billion in net inflows during February.
- Equity ETFs saw US$44.41 billion in February inflows, bringing YTD inflows to US$85.77 billion, significantly higher than the US$48.54 billion recorded at this point in 2025.
- Fixed income ETFs recorded US$9.19 billion in February inflows, with YTD inflows reaching US$22.28 billion, up from US$13.27 billion by the end of February 2025.
- Commodity ETFs experienced US$1.80 billion in February outflows, resulting in YTD outflows of US$2.45 billion, compared with US$4.23 billion in YTD inflows in 2025.
- Active ETFs attracted US$3.15 billion in February, bringing YTD inflows to US$7.39 billion, more than double the US$3.31 billion recorded YTD in 2025.
Substantial inflows can be attributed to the top 20 ETFs by net new assets, which collectively gathered $20.18 Bn in February. Xtrackers S&P 500 Equal Weight UCITS ETF (DR) - 1C (XDEW GY) gathered $2.00 Bn, the largest individual net inflow.
Top 20 ETFs by net new assets February 2026: Europe
|
Source: ETFGI data sourced from ETF/ETP sponsors, exchanges, regulatory filings, Thomson Reuters/Lipper, Bloomberg, publicly available sources and data generated in-house. Note: This report is based on the most recent data available at the time of publication. Asset and flow data may change slightly as additional data becomes available. |
The top 10 ETPs by net new assets collectively gathered $1.75 Bn during February. WisdomTree WTI Crude Oil (CRUD LN) gathered $344.36 Mn, the largest individual net inflow.
Top 10 ETPs by net new assets February 2026: Europe
|
Source: ETFGI data sourced from ETF/ETP sponsors, exchanges, regulatory filings, Thomson Reuters/Lipper, Bloomberg, publicly available sources and data generated in-house. Note: This report is based on the most recent data available at the time of publication. Asset and flow data may change slightly as additional data becomes available. |
Investors have tended to invest in Equity ETFs during February.
Contact deborah.fuhr@etfgi.com if you have any questions or comments on the press release or ETFGI subscription research, 6 annual ETFGI Global ETFs Insights Summits, ETF TV or our consulting services.
Register now to join us at our 7th Annual ETFGI Global ETFs Insights Summit - Europe & Africa, taking place on November 19th in London and November 20th virtual.
The summit is designed as an educational event fostering discussions on the evolving role of ETFs, including active and virtual assets, for financial advisors and institutional investors in Europe and Africa. Industry leaders from issuers, regulators, investors, exchanges, and trading firms will share insights on market structure, regulations, trading practices, and technological advancements shaping ETF innovation and usage.
Secure your spot now to be part of this landmark event! Register now!
📅 Event Date: November 19th in London and November 20th virtual
📍 Location: One Moorgate Place, Chartered Accountants Hall, 1 Moorgate Pl, London EC2R 6EA, United Kingdom
🆓 Free Registration: For CFA members, buy-side institutional investors, and financial advisors
🐤 Early Bird Discount: Ends October 9th, 2026
📚CPD Credits: Earn educational credits
📋View the agenda, speakers, and topics from last year's successful annual ETFGI Global ETFs Insights Summit - Europe & Africa here.
Don’t miss this opportunity to explore key trends and network with industry leaders driving the future of ETFs. Register now!
Register to attend our 2026 events:
- 7h Annual ETFGI Global ETFs Insights Summit - Latin America, May 20th in Mexico City at BIVA and May 21st virtual. Early bird expires on April 8th - Register now.
- 7th Annual ETFGI Global ETFs Insights Summit - Asia Pacific, September 9th in Hong Kong and September 10th virtual. Early bird expires on July 29th - Register now.
- 7th Annual ETFGI Global ETFs Insights Summit - United States, September 29th in New York City. Early bird expires on August 21st - Register now.
- 7th Annual ETFGI Global ETFs Insights Summit - Middle East & GCC, October 20th in Dubai. Early bird expires on September 11th - Register now.
- 7th Annual ETFGI Global ETFs Insights Summit - Europe & Africa, November 19th in London and November 20th virtual. Early bird expires on October 9th - Register now.
- 8th Annual ETFGI Global ETFs Insights Summit - Canada, December 8th in Toronto. Early bird expires on October 27th - Register now.
ETFGI is a leading independent research and consultancy firm with 14 years of experience, recognized for its expertise in subscription research, consulting services, 6 annual regional in person ETFGI Global ETFs Insights Summit events that cover all ETFs listed global on 81 exchanges in 63 countries, and ETF TV, covering global ETF industry trends. Interested in subscribing to ETFGI’s research email: contact@etfgi.com
ETF TV (www.ETFtv.net) is an on-demand program that highlights newly launched exchange-traded funds, products, and notes, while exploring the most pressing topics shaping the ETF landscape. Each episode brings together leading voices from across the industry—including issuers, investors, benchmark providers, and traders—to discuss the trends and developments influencing the use and management of exchange-traded products.
Every show features insightful interviews with key market participants, offering expert perspectives on the issues that matter most to the ETF community. ETF TV also offers the opportunity to create sponsored episodes, allowing partners to collaborate with us in producing custom content tailored to their brand and messaging.
If you’re interested in sponsoring or speaking at one of our upcoming ETFGI Global ETFs Insights Summits, subscribing to any of ETFGI’s annual research services (www.ETFGI.com), sponsoring an episode of ETF TV (www.ETFtv.net), exploring our consulting offerings, or if you have any questions, please reach out to us at 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
Connect on:
Deborah Fuhr Twitter | LinkedIn
ETFGI Twitter | LinkedIn | Website
ETFs Network LinkedIn
ETF TV Twitter | LinkedIn | Website
Women in ETFs, Board member and founder
Women in ETFs Twitter | LinkedIn | Website
|