ETFs domiciled in Europe reached a new record of US$3.40 trillion at the end of January, up from the previous record of $3.22tn set in December.
During January the ETFs industry in Europe gathered record net inflows of US$58.67 billion, according to the consultancy ETFGI’s latest monthly report.
The report also showed that:
- Assets increased 5.5% year‑to‑date in 2026.
- January saw record net inflows of $58.67bn, exceeding the previous January record of $32.93bn in 2025; the third‑highest January inflows were $29.12bn 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%)”, said Deborah Fuhr, managing partner, founder, and owner of ETFGI.
The ETFs industry in Europe had 3,586 products, with 14,921 listings, assets of $3.40tn 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.
