By the Consejeros Editorial Team
Flows into ETFs domiciled in Europe remained largely stable throughout the second quarter of the year, totalling $42.2 billion in April, $44.3 billion in May and $46.1 billion in June. The net total, at $132.5 billion, sets a new quarterly record, surpassing the $125 billion recorded in the first quarter of this year. The net total of $132.5 billion sets a new quarterly record, surpassing the $125 billion recorded in the first quarter of this year. Second-quarter flows were buoyed by an environment of greater risk appetite, as the easing of geopolitical tensions and falling oil prices boosted investor confidence, whilst renewed optimism surrounding AI-driven growth improved earnings expectations and bolstered equities in developed markets.
Equity ETFs attracted $36 billion in net inflows in June. Core equity ETFs recorded net inflows of $26.4 billion – a new monthly record – with investors favouring exposure to US, global and developed markets. Sustainable and smart-beta equity ETFs also had a relatively strong month.Fixed-income ETFs recorded €9.9 billion in net inflows in June, down from $15.6 billion in May, although this figure is in line with the monthly average for 2026.
Government bond ETFs attracted net inflows of $3,100 million during the month, whilst high-yield and corporate bond ETFs also recorded healthy inflows. By region, investors focused on global, eurozone and US fixed-income ETFs.
Alternative and commodities ETFs attracted net inflows in June, whilst multi-asset ETFs suffered moderate net outflows.
ETFs domiciled in Europe have set a breakneck and unprecedented pace during the first half of 2026. So far this year, ETFs domiciled in Europe have recorded net inflows of $257,500 million. At the same time last year, the figure stood at $163,000 million.
