According to ETFGI, a leading research and consultancy firm specializing in ETFs, Europe’s Exchange-Traded Fund (ETF) industry achieved historic milestones in the first half of 2025, setting unprecedented records for assets under management (AUM) and net inflows.
Deborah Fuhr, Managing Partner at ETFGI
European ETF Industry Hits Record Highs in First Half of 2025
Key Highlights:
Record Assets Under Management (AUM):
European ETF assets reached an all-time high of $2.74 trillion (USD) at the end of June 2025, surpassing the previous record of $2.61 trillion set in May. Compared to year-end 2024 ($2.27 trillion), this represents growth of 20.3%.Record H1 Net Inflows:
The first half of 2025 saw record net inflows of $176.10 billion USD – the highest ever recorded. Historical comparisons underscore this exceptional result:H1 2021: $111.95 billion
H1 2024: $103.93 billion
Sustained Momentum:
June 2025 marked the 33rd consecutive month of net inflows.June Performance:
European ETFs gathered $26.30 billion USD in net inflows in June alone.
Category Performance (H1 2025):
Equity ETFs: Record net inflows of $120.65 billion USD (surpassing 2021’s $86.91 billion and 2024’s $78.35 billion). June: +$11.94 billion.
Fixed Income ETFs: Net inflows of $32.69 billion USD (vs. $26.20 billion in H1 2024). June: +$8.43 billion.
Commodity ETFs: Net inflows of $7.05 billion USD (a significant reversal from H1 2024’s outflows of $4.77 billion). June: +$2.89 billion.
Active ETFs: Net inflows of $13.36 billion USD (vs. $5.12 billion in H1 2024). June: +$2.47 billion.
Market Overview (End of June 2025):
ETF Products: 3,280
Listings: 13,845
Total Assets: $2.74 trillion USD
Providers: 125
Exchanges: 29 (across 24 countries)
Top-Performing Products (June 2025):
Top 20 ETFs: Collectively gathered $12.17 billion USD in net new assets. Leaders included:
UBS MSCI ACWI Universal UCITS ETF (AWESGW SW): +$1.39 billion.
iShares J.P. Morgan EM Local Govt Bond UCITS ETF (SEML LN): +$1.25 billion.
SPDR S&P 500 UCITS ETF (SPY5 OY): +$1.02 billion.
Top 10 ETPs: Collectively gathered $2.75 billion USD in net new assets. Leader:
iShares Physical Gold ETC (SGLN LN): +$680.44 million.
Commentary:
Deborah Fuhr, Managing Partner, Founder, and Owner of ETFGI, emphasized that these figures reflect strong investor confidence and the structural growth of Europe’s ETF market, driven notably by equity ETFs.
Conclusion:
The first half of 2025 stands as an exceptional period for Europe’s ETF industry, characterized by robust asset growth, record inflows, and sustained, diversified investor interest.
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
