European ETFs Week 36: €8.51bn Flows Led by World, US Funds

European-listed equity ETFs drew €8.51 billion of net inflows in week 36 of 2026, covering Aug. 31–Sept. 4, according to data compiled by Trackinsight. iShares was the largest issuer for the week with €3.45 billion of net inflows.

Equity products led capital flows, followed by fixed income and commodities. Fixed income ETFs added €1.23 billion, driven by government investment-grade funds that attracted €793.2 million and corporate investment-grade ETFs that took in €312.1 million. Aggregate investment-grade ETFs added €93.2 million and government aggregate products added €60.0 million. Corporate high-yield ETFs recorded the largest fixed income outflow at €158.7 million. Commodity ETPs gathered €952.5 million for the week, with gold ETPs accounting for €620.9 million, multi-commodity products €335.1 million and silver €95.5 million. Copper and natural gas saw smaller inflows of €14.7 million and €8.8 million respectively, while agriculture, crude oil and broader metal products posted outflows.

Volatility and currency products recorded modest inflows of €43.4 million and €5.0 million respectively. Multi-asset funds saw net redemptions of €30.1 million and cryptocurrency products lost €6.7 million overall.

At the sector level, health care led inflows with €202.9 million, followed by financials at €187.4 million and energy at €144.7 million. Utilities experienced the largest sector outflow at €117.2 million. Sector performance for the week was strongest in energy, up 1.97%, with financials rising 1.14% and information technology up 0.94%. Industrials posted the largest sector decline, down 3.79%.

Geographic flows showed demand for global and developed-market exposure. World ETFs received €2.43 billion, developed-markets products €2.22 billion and US-focused ETFs €2.13 billion. Regionally, Europe attracted €505.1 million, emerging markets €444.3 million and eurozone products added €181.3 million. Country-level inflows included Spain with €171.9 million and Taiwan with €109.5 million, while Canada saw the largest outflow at €147.0 million. On performance, Brazil led gains with a 6.73% return, followed by Latin America at 4.11% and Poland at 2.99%. Turkey was the weakest market group, down 3.24%, and Emerging Middle East, Germany and Saudi Arabia each declined by about 1.9%.

Thematic flows were strongest into agribusiness, which added €72.5 million, followed by healthcare technology and innovation at €61.1 million and cybersecurity at €60.7 million. Blockchain-themed funds added €29.3 million. Thematic outflows were recorded in China disruptive technology (-€65.3 million), alternative energy (-€59.4 million), Net Zero 2050 strategies (-€37.7 million) and global infrastructure (-€37.1 million). Blockchain led thematic performance with a 5.69% weekly return, digital infrastructure and electrification returned 3.44%, and agribusiness returned 3.15%. Emerging Markets Awakening, Global Defense and Europe Defense posted declines of around 5% to 4.9%.

Cryptocurrency ETPs showed mixed activity. Single-asset Bitcoin products led crypto inflows with €13.1 million, followed by Uniswap with €3.7 million, Ether with €3.6 million and Solana with €2.9 million. Multi-cryptocurrency products recorded €31.5 million of outflows.

On issuer rankings, iShares led with €3.45 billion of net inflows, followed by Vanguard with €2.05 billion and Invesco with €1.14 billion. Other notable issuers included Amundi (€1.12 billion), State Street (€766.8 million) and Xtrackers (€634.1 million). The most popular individual ETFs by net inflows were broad global and US equity funds: Vanguard FTSE All-World UCITS ETF Accumulating (VWCE) with €688.3 million, Vanguard FTSE Global All-Cap UCITS ETF (VALL) with €521.8 million and State Street SPDR MSCI All Country World UCITS ETF (SPYY) with €462.0 million. Invesco Physical Gold ETC (SGLD) took €203.0 million.

Top weekly equity performers included CoinShares Bitcoin Mining UCITS ETF (MINE) at +11.43%, Global X Blockchain UCITS ETF (BKCG) at +10.90% and Melanion Bitcoin Equities UCITS ETF (BTC) at +8.35%. Brazilian equity ETFs, including Amundi’s MSCI Brazil UCITS ETF Acc (RIO) and several iShares and Xtrackers Brazil products, also ranked among the best performers for the period.

The figures reflect net flow movements and weekly performance across European-listed ETFs and ETPs for the week of Aug. 31 to Sept. 4, 2026, according to Trackinsight.