US ETF Assets Hit New Record of $11.5T in June
- US ETF assets reached $11.5 trillion in June, surpassing May's $11 trillion record.
- The industry recorded $110.7 billion in net inflows during June alone.
- Year-to-date net inflows hit record $554 billion, exceeding 2021's $472.2 billion.
U.S. ETF assets climbed to a record $11.5 trillion at the end of June, driven by $110.7 billion in monthly net inflows that pushed year-to-date flows to an all-time high of $554 billion, according to ETFGI's June 2025 industry report.
The record-breaking performance underscores the ETF industry's dominant position in asset management, with sustained investor confidence reflected in 38 consecutive months of net inflows, according to the report. This momentum has propelled assets 11.5% higher year to date from $10.4 trillion at the end of 2024.
The surge in ETF assets comes as the S&P 500 rose 5.1% in June, bringing its first-half gain to 6.2%, while developed markets outside the U.S. increased 3.2% for the month and 20.3% year to date, according to Deborah Fuhr, managing partner, founder and owner of ETFGI.
Active ETFs led the charge with $41.2 billion in net inflows during June, accumulating $217.9 billion year to date compared to $132.5 billion in the same period last year, according to the report. Equity ETFs gathered $43 billion in June net inflows, though year-to-date flows of $191.5 billion trailed 2024's $203.2 billion pace.
Fixed-income ETFs attracted $17.2 billion in June, pushing year-to-date inflows to $110.9 billion, well above 2024's $75.2 billion through the same period, according to ETFGI. Commodities ETFs reported $6.5 billion in June inflows, bringing year-to-date flows to $20.6 billion versus net outflows of $5 billion in 2024.
IVV, Top ETFs Drive Market Growth
The top 20 ETFs by net new assets collectively gathered $60.3 billion in June, according to the report. The iShares Core S&P 500 ETF (IVV) led with $13.8 billion in net inflows, followed by the JPMorgan Mortgage-Backed Securities ETF (JMTG) with $5.8 billion and the SPDR S&P 500 ETF Trust (SPY) with $4 billion despite $26.7 billion in net year-to-date outflows.
Bitcoin-related products showed strong demand, with the iShares Bitcoin Trust (IBIT) attracting $3.9 billion in June inflows, according to ETFGI. Other major flows included the iShares Core MSCI Emerging Markets ETF (IEMG) at $3.5 billion and the iShares Core U.S. Aggregate Bond ETF (AGG) at $3.4 billion.
The U.S. ETF industry now encompasses 4,329 products with $11.5 trillion in assets from 401 providers listed on three exchanges, according to the report. Market performance varied globally, with Korea gaining 16.1% and Israel rising 11.6% as top performers in June, while emerging markets advanced 4.8%, led by Taiwan's 8.5% gain and Turkey's 8.5% increase.
