ETFGI reports today that assets in the ETFs industry in Europe reached a new record of US$3.40 trillion at the end of January. During January the ETFs industry in Europe gathered record net inflows of US$58.67 billion, according to ETFGI's January 2026 European ETFs and ETPs industry landscape insights report, the monthly report which is part of an annual paid-for research subscription service. ETFGI is a leading independent research and consultancy firm with 14 years of experience, recognized for its expertise in subscription research, consulting services, industry events, and ETF TV, covering global ETF industry trends (All dollar values in USD unless otherwise noted.)
Highlights
- Assets in Europe’s ETF industry reached a record $3.40 Tn at the end of January, surpassing the previous record of $3.22 Tn set in December 2025.
- Assets increased 5.5% year‑to‑date in 2026, rising from $3.22 Tn at the end of 2025 to $3.40 Tn.
- January saw record net inflows of $58.67 Bn, exceeding the previous January record of $32.93 Bn in 2025; the third‑highest January inflows were $29.12 Bn in 2022.
- January marked the 40th consecutive month of net inflows for the European ETF industry.
“The S&P 500 rose 1.45% in January. Developed markets excluding the US gained 6.15% in January and are up 6.15%, with Korea (+26.73%) and Luxembourg (+18.64%) posting the strongest increases among developed markets. Emerging markets climbed 5.50% in January, led by Peru (+26.23%) and Colombia (+23.24%)”, 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 January
The ETFs industry in Europe had 3,586 products, with 14,921 listings, assets of $3.40 Tn, from 146 providers listed on 30 exchanges in 25 countries at the end of January.
iShares is the largest provider in terms of assets with $1.37 Tn, reflecting 40.2% market share; Amundi ETF is second with $421.90 Bn and 12.4% market share, followed by Xtrackers with $350.25 Bn and 10.3% market share. The top three providers, out of 146, account for 62.9% of European ETF AUM, while the remaining 143 providers each have less than 8% market share.
During January, ETFs gathered a record $58.67 billion in net inflows. Equity ETFs generated $41.36 billion in net inflows, significantly higher than the $23.60 billion gathered in January 2025. Fixed income ETFs saw $13.09 billion in net inflows, up from $4.81 billion in January 2025. Commodities ETFs experienced $648.30 million in net outflows, compared to $2.42 billion in net inflows in January 2025. Active ETFs attracted $4.24 billion in net inflows, an increase from the $1.60 billion recorded in January 2025.
Investors have tended to invest in Equity ETFs during January.
