ETFGI reports ETF Industry in Europe Gathered a Record US$265.65 Billion in Net Inflows YTD Through June, Marking 45 Consecutive Months of Net Inflows. Assets of US$3.74 trillion are invested in the ETFs industry in Europe at the end of June. During June the ETFs industry in Europe gathered net inflows of US$44.74 billion, bringing year-to-date net inflows to a record US$265.65 billion, according to ETFGI's June 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.)
Highlights
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Assets invested in the European ETF industry reached $3.74 trillion at the end of June 2026, slightly below the record high of $3.77 trillion recorded at the end of May 2026.
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Industry assets increased 16.1% year-to-date, rising from $3.22 trillion at the end of 2025 to $3.74 trillion at the end of June 2026.
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European ETFs gathered net inflows of $44.74 billion in June 2026, reflecting continued strong investor demand for the asset class.
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Year-to-date net inflows reached a record $265.65 billion, surpassing the previous record of $176.09 billion set in 2025 and well above the third-highest level of $111.95 billion recorded in 2021.
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June marked the 45th consecutive month of net inflows into European-listed ETFs and ETPs.
“Global equity markets experienced mixed performance in June. The S&P 500 declined 0.95% during the month but remained up 10.21% year-to-date in 2026. Developed markets excluding the US fell 0.91% in June, bringing their year-to-date gain to 14.28%. Among developed markets, Luxembourg and Israel posted the largest declines during the month, falling 14.45% and 11.93%, respectively. Emerging markets declined 1.50% in June but remained up 9.77% year-to-date. Indonesia and the Czech Republic recorded the largest declines among emerging markets during the month, falling 8.64% and 6.03%, respectively.” According to Deborah Fuhr, Managing Partner, Founder, and Owner of ETFGI.
Growth in assets in the ETFs industry in Europe as of the end of June
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 3,902 products, with 16,148 listings, assets of $3.74 Tn, from 160 providers listed on 32 exchanges in 26 countries at the end of June.
The top five ETF issuers in Europe continue to dominate the market, accounting for 75.1% of total industry assets and 66.7% of year-to-date net inflows. iShares remains the clear market leader with 39.6% of assets and nearly 30% of net inflows. While the largest providers continue to benefit from scale, brand recognition, and broad product ranges, the fact that their share of net inflows is lower than their share of assets suggests that investors are also allocating meaningful amounts of capital to smaller and specialist ETF providers.
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iShares is the largest provider, with 39.6% market share and $1.48 trillion in assets.
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Amundi ETF ranks second with 12.5% market share and $469.4 billion in assets.
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Xtrackers is third with 10.2% market share and $380.7 billion in assets.
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Vanguard holds 7.3% market share with $274.1 billion in assets.
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UBS ETFs rounds out the top five with 5.4% market share and $202.6 billion in assets.
Net Inflows
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European-listed ETFs gathered net inflows of $44.74 billion in June, reflecting continued strong investor demand across asset classes. Year-to-date net inflows reached a record $265.65 billion, surpassing the previous record of $176.09 billion set in 2025 and well above the third-highest level of $111.95 billion recorded in 2021.
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Equity ETFs led asset gathering during the month, attracting net inflows of $31.48 billion in June. Year-to-date net inflows reached $182.77 billion, significantly higher than the $120.65 billion gathered during the same period in 2025.
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Fixed income ETFs recorded net inflows of $8.40 billion in June, bringing year-to-date net inflows to $54.20 billion, well above the $32.69 billion accumulated through the end of June 2025.
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Commodity ETFs experienced net outflows of $1.04 billion during June. Despite the monthly outflows, commodity ETFs remained in positive territory year-to-date, with net inflows of $3.04 billion, although this was below the $7.05 billion gathered during the first six months of 2025.
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Active ETFs continued to attract strong investor interest, gathering net inflows of $6.36 billion in June. Year-to-date net inflows reached $26.63 billion, nearly double the $13.36 billion recorded during the same period in 2025.
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Equity, fixed income, and active ETFs all recorded higher year-to-date inflows than at the same point in 2025, highlighting sustained investor demand for ETFs in Europe despite periods of market volatility.
Substantial inflows can be attributed to the top 20 ETFs by net new assets, which collectively gathered $26.19 Bn in June. Vanguard FTSE All-World UCITS ETF (VWRD LN) gathered $4.04 Bn, the largest individual net inflow.
Top 20 ETFs by net new assets June: 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 June change slightly as additional data becomes available.
The top 10 ETPs by net new assets collectively gathered $1.19 Bn during June. WisdomTree Physical Swiss Gold (SGBS LN) gathered $546.25 Mn, the largest individual net inflow.
Top 10 ETPs by net new assets June: 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 June change slightly as additional data becomes available.
Investors have tended to invest in Equity ETFs during June.
