Equity Surge Drives June ETP Inflows to $245.3B

iShares by BlackRock reported global exchange-traded product inflows of $245.3 billion in June, with equity buying accounting for $187.9 billion of the total.

US-listed equity ETPs drew $132.5 billion in June, close to the $134.3 billion recorded in December 2025 and about $20 billion below the November 2024 record. Asian equity flows included $8.9 billion into South Korea and $6.4 billion into Taiwan. Japanese equity ETPs returned to net inflows of $2.3 billion after outflows in May. European equity ETPs registered outflows of $1.5 billion, while US-listed European equity ETPs saw $0.6 billion of inflows, the first positive month for that group since February 2026.

Emerging market equity ETPs posted a third consecutive month of outflows, driven by APAC-listed products. In contrast, EM exposures listed in the US and EMEA recorded modest net inflows over the month.

Technology ETPs set a monthly record with $31.1 billion of inflows. US investors added $18.7 billion and APAC investors added $10.7 billion. Flows into global tech ETPs were $12.5 billion, US tech $10.6 billion and South Korean tech $7.6 billion. China technology ETPs reversed three months of withdrawals with $4.8 billion of inflows.

Financials and industrials recorded inflows in June. Healthcare ETPs saw $3.7 billion of inflows, the largest monthly intake since January 2026. Healthcare demand came through US-listed flows into US healthcare ETPs, EMEA-listed purchases of global healthcare ETPs, and continued APAC demand for China healthcare products.

Fixed income inflows moderated to $70.0 billion from $87.9 billion in May. Demand for rates-sensitive exposures slowed to $14.5 billion from $26.4 billion. Investment grade debt, mainly US IG, drew $15.3 billion and high yield, mainly US HY, added $5.8 billion. Emerging market debt ETP inflows nearly doubled month-over-month to $9.8 billion. Allocations to inflation-linked bonds eased to $2.1 billion from $3.3 billion.

Commodity ETPs experienced net outflows, led by gold with $9.0 billion of withdrawals, crude oil at $1.1 billion of outflows and small outflows in silver. EMEA-listed commodity ETPs registered monthly outflows of $1.4 billion; EMEA-listed gold ETPs were down $914 million and crude oil ETPs were down $175 million.

EMEA-listed equity flows rose to $33.2 billion in June from $28.2 billion in May, supported by $12.0 billion into US equities and $21.0 billion into broad developed-market exposures. EMEA-listed emerging market and Japanese equity ETPs recorded inflows of $1.1 billion and $1.5 billion respectively, while European equities posted outflows of $2.1 billion. EMEA-listed fixed income ETPs captured $9.6 billion, a slowdown from April and May led by weaker investment grade and rates buying. Flows into inflation-linked bonds listed in EMEA slowed to $123 million from $633 million; oil prices moved closer to pre-conflict levels over the month.

All figures and regional breakdowns are from iShares by BlackRock’s June flow report.