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European ETF assets at USD1.48 trn: ETFGI

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ETFs in Europe gathered net inflows of USD8.61 billion during February, bringing year-to-date net inflows to USD27.94 billion, according to ETF data gatherers ETFGI.

During the month, assets invested in the ETFs industry in Europe decreased by 5.4 per cent from USD1.57 trillion at the end of January to USD1.48 trillion, but saw the fifth month of net inflows.

The YTD net inflows in 2023 of USD27.94 billion are third highest on record, after YTD net inflows of USD41.91 billion in 2021 and YTD net inflows of USD40.98 billion in 2022. 

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