ETFGI reports ETFs industry in the United States Gathered a Record US$ 1.23 Trillion in YTD Net Inflows at end of July

Press Release

LONDON — August 14, 2026 — ETFGI reports ETFs industry in the United States Gathered a Record US$ 1.23 Trillion in YTD Net Inflows at end of July. During July, the ETFs industry in the United States gathered net inflows of US$193.42 billion, bringing year-to-date net inflows to US$1.23 trillion, according to ETFGI's July 2026 US ETFs and ETPs 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)

Highlights

  • Assets of $15.74 Tn invested in the ETFs industry in the United States at the end of July, below the record high assets of $15.78 Tn in June 2026.
  • Assets increased 17.3% YTD in 2026, going from $13.43 Tn at end of 2025 to $15.74 Tn.
  • Net inflows of $193.42 Bn in July.
  • YTD net inflows of $1.23 Tn are the highest on record, followed by YTD net inflows of $678.12 Bn in 2025 and the third highest recorded YTD net inflows are of $577.19 Bn in 2024.
  • 51st month of consecutive net inflows.
  • US ETF industry remains highly concentrated, the three largest providers account for 70.6% of total AUM 
  • YTD 889 new ETFs have been launched by 169 providers, while 186 ETFs have closed.

 “The S&P 500 declined slightly by 0.06% in July but remained up 10.14% year-to-date in 2026. Developed markets excluding the US gained 0.30% during July and were up 14.62% year-to-date, with Luxembourg (+12.10%) and Norway (+9.93%) posting the strongest gains among developed markets. Emerging markets fell 0.33% in July but remained up 9.40% year-to-date, while Taiwan (-7.80%) and Turkey (-5.91%) recorded the largest declines among emerging markets,” 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 July

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 the United States had 5,590 ETFs, assets of $15.74 Tn, from 493 providers on 3 exchanges at the end of July.

ETF issuers

The US ETF industry remains highly concentrated, with the three largest providers accounting for 70.6% of total assets under management. iShares led the market with $4.53 trillion in assets and a 28.8% market share, closely followed by Vanguard with $4.51 trillion and a 28.7% share. State Street SPDR ETFs ranked third with $2.08 trillion and a 13.2% market share. The other 490 providers each represented less than 7% of total industry assets.

Net flows 

  • US-listed ETFs and ETPs gathered net inflows of $193.42 billion in July 2026.
  • Equity ETFs and ETPs attracted net inflows of $89.09 billion during July, bringing year-to-date inflows to $567.25 billion, more than double the $249.69 billion gathered during the same period in 2025.
  • Fixed income ETFs and ETPs recorded net inflows of $30.88 billion in July, increasing year-to-date inflows to $218.05 billion, compared with $120.13 billion at the end of July 2025.
  • Commodities ETFs and ETPs reported net inflows of $831.10 million in July; however, year-to-date flows remained negative at -$8.20 billion, a sharp contrast to the $22.79 billion in net inflows recorded over the same period in 2025.
  • Active ETFs and ETPs continued to see strong investor demand, gathering $63.58 billion in net inflows during July and bringing year-to-date inflows to $466.79 billion, well above the $263.03 billion recorded by the end of July 2025.
  • Year-to-date inflows into equity, fixed income, and active ETFs and ETPs have all surpassed the levels recorded at the end of July 2025, highlighting continued strong investor demand for these segments of the US ETF market.

Substantial inflows can be attributed to the top 20 ETF's by net new assets, which collectively gathered $111.10 Bn in July, the Vanguard S&P 500 ETF (VOO US) gathered $19.66 Bn alone.

Top 20 ETFs by net new assets July 2026: US

 

Substantial inflows can be attributed to the top 10 ETP's by net new assets, which collectively gathered $2.15 Bn in July, the iShares Silver Trust (SLV US) gathered $401.35 Mn alone.

Top 10 ETPs by net new assets July 2026: US

 

Investors have tended to invest in Equity ETFs/ETPs during July.

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 7th Annual ETFGI Global ETFs Insights Summit - United States, taking place on September 29 in New York City.

The summit is designed as an educational event for financial advisors and institutional investors in the United States. Industry leaders from issuers, regulators, investors, exchanges, and trading firms will share insights on the selection, use and trading of ETFs, including active, virtual assets, market structure, regulations, novel ETFs, tokenisation, prediction markets and technological advancements shaping ETF innovation and usage.

🆓Free Registration: For CFA members, buy-side institutional investors, and financial advisors.
📚CPD Credits: Earn educational credits

Register now to join us to meet, network with and hear from industry leaders across the region.

SPEAKERS WILL INCLUDE:

  • Edward B. Baer, Partner, K&L Gates 
  • Eric Biegeleisen, CFA, Partner, Deputy CIO, 3EDGE Asset Management 
  • Monica Camino, Head of US Offshore, Vanguard 
  • Aniruddha Chatterjee, CEO - NSE Indices, Data and Cogencis, NSE Indices Limited
  • Ed Coyne, Senior Managing Partner, Global Sales, Sprott Inc.
  • Deborah Fuhr, Managing Partner & Founder, ETFGI
  • Barry Hurley, Director Business Development, Universal Investment 
  • Leah J. Miller, Vice President, Model Portfolio Strategy, BlackRock 
  • Ciara O’Leary, Partner, McCann FitzGerald LLP 
  • Tara O'Reilly, Partner and Head of ETF Strategy, Arthur Cox LLP 
  • Kim Tilley, Managing Director, Head of Investment Solutions, Lazard Asset Management 
  • Richard Tseng, Senior Portfolio Manager, Bank of America Merrill Lynch 
  • Clair Turketo, Managing Director, Client Solutions, Carne Group 
  • Richard Vagnoni, Senior Economist, FINRA 
  • Morrison Warren, Partner, Chapman and Cutler LLP

 

EVENT DETAILS:
📅 Event Date: Tuesday, September 29th
⏰ Programme: Full day event including a networking drinks reception
📍 Location: The Yale Club of New York City, 50 Vanderbilt Ave, New York, NY 10017, United States
🐤 Early Bird Discount: Ends August 21st, 2026
🌐 Website and registration: https://bit.ly/4biukB1

📋View the agenda, speakers, and topics from last year's successful annual ETFGI Global ETFs Insights Summit - United States here.

Don't miss this opportunity to gain valuable insights from industry leaders and network with senior investment professionals from across the ETF ecosystem. Register now!

Register to join one or more of our upcoming ETFGI Global ETFs Insights Summits in 2026:

  • 7th Annual - Asia Pacific, September 9th in Hong Kong and September 10th virtual. Register now. 
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Upcoming ETFGI Global ETFs Insights Summits in 2027:

  • 8th Annual - Latin America, day 1 in Mexico City and day 2 virtual. Register your interest.

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 

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