Assets in the European ETF industry rose to a record $3.11 trillion at the end of October, according to ETF research firm ETFGI. The figure exceeds September’s $3.01 trillion record and reflects a 36.7% increase since the end of 2024.
European ETFs gathered $42.30 billion in October, taking year-to-date net inflows to $333.22 billion – the highest on record and well above the $207.79 billion seen in 2024.
October marked the 37th consecutive month of net inflows. By month-end, the European ETF market comprised 3,450 products with 14,472 listings from 132 providers across 30 exchanges in 25 countries.
iShares led with $1.26 trillion, accounting for 40.6% of assets. Amundi ETF followed with $382.36 billion, ahead of DWS Xtrackers with $326.18 billion. The three groups together represented 63.4% of total ETF assets.
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Equity ETFs attracted $25.66 billion in October, lifting year-to-date flows to $221.98 billion, up from $144.69 billion at the same point in 2024. Fixed income ETFs added $15.92 billion, bringing YTD flows to $64.43 billion versus $54.52 billion last year. Commodity ETFs saw $5.24 billion in outflows in October but remain positive year-to-date at $10.57 billion. Active ETFs continued to expand, drawing $5.06 billion in October and $32.09 billion so far this year.
The top 20 ETFs by net new assets gathered $21.03 billion during the month. The Amundi EUR Corporate Bond 1-5Y ESG UCITS ETF Acc recorded the highest inflow at US$5.04 billion, while CoinShares FTX Physical Staked Solana led among digital-asset-linked products with US$456.96 million.
“The S&P 500 rose 2.34% in October, bringing its year-to-date gain to 17.52%. Developed markets excluding the US advanced 1.69% in October and are up 29.83% so far in 2025, with Korea and Luxembourg 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 and Hungary,” said Deborah Fuhr, managing partner, founder and owner of ETFGI.
