According to data released by ETFGI, an independent research and consultancy firm, the European ETF industry closed October with a record $3.11 trillion in assets under management.
Deborah Fuhr, Managing Partner at ETFGI
European ETF Market Hits New Asset Record, Reaching $3.11 Trillion
This figure surpasses the previous all-time high of $3.01 trillion recorded in September 2025.
In October, European ETFs gathered net inflows of $42.30 billion. This brings the year-to-date net inflows to $333.22 billion, the highest level ever recorded. This marks the 37th consecutive month of net inflows.
Industry assets have grown 36.7% since the start of the year, up from $2.27 trillion at the end of 2024.
Market Performance and Commentary
Deborah Fuhr, Managing Partner, Founder and Owner of ETFGI, provided the following commentary on market performance in October 2025: “The S&P 500 was up 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%).”
Industry Landscape and Provider Concentration
At the end of October, the European ETF industry comprised 3,450 products, with 14,472 listings, managed by 132 providers and traded on 30 exchanges in 25 countries.
iShares remains the largest provider with $1.26 trillion in assets, representing a 40.6% market share. Amundi ETF ranks second with $382.36 billion (12.3%), followed by DWS Xtrackers with $326.18 billion (10.5%). These three providers collectively account for 63.4% of the European ETF market.
Flows by Product Category
In October, equity ETFs gathered the highest net inflows at $25.66 billion, bringing the year-to-date total to $221.98 billion. Fixed income ETFs gathered $15.92 billion, with a year-to-date total of $64.43 billion. Commodity ETFs saw net outflows of $5.24 billion during the month, though year-to-date net inflows remain positive at $10.57 billion. Active ETFs gathered $5.06 billion, with a year-to-date total of $32.09 billion.
ETPs and ETFs with Largest Inflows
The 20 ETFs with the largest net inflows collectively gathered $21.03 billion in October. The product with the single largest inflow was the Amundi EUR Corporate Bond 1-5Y ESG UCITS ETF Acc (EBBB FP), with $5.04 billion.
The 10 ETPs with the largest net inflows gathered $1.83 billion. The CoinShares FTX Physical Staked Solana (SLNC GY) recorded the largest individual inflow, at $456.96 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
