State Street Corporation released its 2025 Global ETF Megatrends Midyear Review, highlighting the accelerating pace of ETF innovation and adoption worldwide. With global ETF inflows reaching $900B in the first half of 20251—a 25% increase over the same period last year—the report underscores the structural transformation underway across asset classes, geographies and investor segments.
As the world’s largest ETF service provider2, State Street continues to play a central role in enabling this growth:
- Supported 210 ETF launches globally in H1 2025—already 80% of 2024’s full-year record.
- Began working with 14 new ETF issuers in H1 2025, supporting product launches across the US, Europe, Australia and Taiwan.
- Partnered on the launch of the first US Physical Carbon Credit ETF by COTwo.
- Servicing active ETFs, digital asset strategies, and innovative share class structures across three continents.
State Street is the servicing partner for approximately half of the more than 70 US investment managers filing for actively managed share class ETFs3—underscoring its leadership in this growing segment. The firm is also actively supporting launches for five share class clients in Europe as well as multiple asset managers in Australia.
“Our clients are leading the charge in ETF innovation,” said Joerg Ambrosius, president of Investment Services at State Street. “From active ETFs in Asia to digital asset strategies in North America and Europe, our clients are looking to us and our global platform to help them create scale and innovation to keep pace with the dynamic market.”
The report also tracks several megatrends identified earlier this year that are now gaining momentum:
- Active ETFs now account for 39% of US ETF inflows.
- Global active ETF inflows reached $267 billion in H1 2025—a 73% increase over H1 2024.
- Active ETFs now represent more than 50% of all US-listed ETF in the US.
- Retail investors have driven $82 billion into the lowest-cost S&P 500 ETFs.
“ETF innovation is no longer regional—it’s global,” said Frank Koudelka, global head of ETF Solutions at State Street. “We’re seeing synchronized momentum across continents, with clients leveraging our scale, technology, and expertise to bring new strategies to market faster than ever before.”
To read the full report, visit: Global ETF megatrends: 2025 midyear review | State Street
Source: State Street