ETFGI Reports ETFs Industry In Europe Sets New Record With US$3.53 Trillion In Assets And Strongest YTD Inflows On Record

ETFs industry in Europe sets new record with US$3.53 trillion in assets and strongest YTD inflows on record at the end of February. During February the ETFs industry in Europe gathered net inflows of US$56.42 billion, bringing year-to-date net inflows to a record US$115.09 billion, according to ETFGI's February 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

• Assets invested in Europe’s ETF industry reached a record high of $3.53 trillion at the end of February, surpassing the previous record of $3.40 trillion set in January 2026.
• Assets have grown 9.4% year‑to‑date, rising from $3.22 trillion at the end of 2025 to $3.53 trillion.
• ETFs and ETPs in Europe recorded $56.42 billion in net inflows during February 2026.
• Year‑to‑date net inflows stand at $115.09 billion—the highest on record—followed by $70.41 billion in 2025 and $41.91 billion in 2021
• February marked the 41st consecutive month of net inflows.

“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%),” said Deborah Fuhr, Managing Partner, Founder, and Owner of ETFGI.

Growth in assets in the ETFs industry in Europe as of the end of February

The ETFs industry in Europe had 3,618 products, with 15,154 listings, assets of $3.53 Tn, from 146 providers listed on 31 exchanges in 25 countries at the end of February.

iShares remains the largest provider in Europe with $1.41 trillion in assets, representing 39.9% of the market. Amundi ETF ranks second with $439.26 billion and a 12.5% share, followed by Xtrackers with $362.75 billion and 10.3%. Together, the top three providers account for 62.6% of total European ETF assets, while each of the remaining 143 providers holds less than a 7% market share.

 Net flows

• ETFs gathered US$56.42 billion in net inflows during February.
• Equity ETFs saw US$44.41 billion in February inflows, bringing YTD inflows to US$85.77 billion, significantly higher than the US$48.54 billion recorded at this point in 2025.
• Fixed income ETFs recorded US$9.19 billion in February inflows, with YTD inflows reaching US$22.28 billion, up from US$13.27 billion by the end of February 2025.
• Commodity ETFs experienced US$1.80 billion in February outflows, resulting in YTD outflows of US$2.45 billion, compared with US$4.23 billion in YTD inflows in 2025.
• Active ETFs attracted US$3.15 billion in February, bringing YTD inflows to US$7.39 billion, more than double the US$3.31 billion recorded YTD in 2025.

Substantial inflows can be attributed to the top 20 ETFs by net new assets, which collectively gathered $20.18 Bn in February. Xtrackers S&P 500 Equal Weight UCITS ETF (DR) - 1C (XDEW GY) gathered $2.00 Bn, the largest individual net inflow.

Top 20 ETFs by net new assets February 2026: Europe

The top 10 ETPs by net new assets collectively gathered $1.75 Bn during February. WisdomTree WTI Crude Oil (CRUD LN) gathered $344.36 Mn, the largest individual net inflow.

Top 10 ETPs by net new assets February 2026: Europe

Investors have tended to invest in Equity ETFs during February.