According to data released today by ETFGI, the European ETF industry reached $3.53 trillion in February, with year-to-date inflows at an all-time high
Deborah Fuhr, managing partner and founder of ETFGI
The European exchange-traded funds sector ended February 2026 with assets under management of $3.53 trillion, a new all-time high. This figure surpasses the previous peak of $3.40 trillion recorded in January 2026. Year-to-date net inflows amount to $115.09 billion, the highest level ever recorded at this stage of the year.
According to the monthly report European ETFs Industry Landscape Insights by ETFGI, the sector attracted $56.42 billion in net inflows in February. This marks the 41st consecutive month of positive net inflows for the European ETF industry.
Asset and flow trends
Assets invested in the European ETF sector have grown by 9.4% since the start of the year, rising from $3.22 trillion at the end of 2025 to $3.53 trillion at the end of February 2026.
In terms of flows by category:
Equity ETFs: $44.41 billion in inflows in February; $85.77 billion YTD, compared with $48.54 billion in the same period of 2025.
Fixed income ETFs: $9.19 billion in inflows in February; $22.28 billion YTD, up from $13.27 billion in February 2025.
Commodity ETFs: $1.80 billion in outflows in February; $2.45 billion in outflows YTD, compared with $4.23 billion in inflows YTD in 2025.
Active ETFs: $3.15 billion in inflows in February; $7.39 billion YTD, more than double the $3.31 billion recorded YTD in 2025.
Market concentration and leading players
At the end of February 2026, the European ETF industry comprised 3,618 products, with 15,154 listings and assets totalling $3.53 trillion, offered by 146 providers listed on 31 exchanges across 25 countries.
The ranking of providers by assets under management confirms iShares’ leadership, with $1.41 trillion and a market share of 39.9%. Amundi ETF follows with $439.26 billion (12.5%), whilst Xtrackers occupies third place with $362.75 billion (10.3%). The top three operators together account for 62.6% of the European sector’s total assets. Each of the remaining 143 providers holds a share of less than 7%.
Equity market performance: commentary by Deborah Fuhr
Deborah Fuhr, Managing Partner, Founder and Owner of ETFGI, said:
“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%)”
Most popular products: the top 20 ETFs and leading ETPs
February’s positive flows were driven by the 20 ETFs with the highest net inflows, which collectively attracted $20.18 billion. The product with the largest individual inflow was the Xtrackers S&P 500 Equal Weight UCITS ETF (DR) – 1C (XDEW GY), with $2.00 billion.
Among ETPs, the top 10 by net inflows attracted a total of $1.75 billion in February. WisdomTree WTI Crude Oil (CRUD LN) recorded the largest single inflow, amounting to $344.36 million.
ETFGI is a leading independent research and consultancy firm covering trends in the global ETF/ETP ecosystem, based in London, England. Deborah Fuhr, Managing Partner, Founder, ETFGI website www.etfgi.com.
Source: ETFGI European ETFs and ETPs Industry Landscape Insights Report.Subscribe to Our Newsletter
