Deutsche Börse, a Germany-based exchange organization, announced on Tuesday that the number of exchange-traded funds (ETFs) available on the Xetra platform reached a new milestone of over 2,000 instruments.
According to the press release, Deutsche Börse's ETF segment added 271 new exchange-traded products this year, breaking the all-time record. Xetra currently works with 32 ETF providers. J.P. Morgan Asset Management issued the 2,000th JPM Carbon Transition China Equity (CTB) UCITS ETF.
Statistics show that Deutsche Börse is the most responsible for the growth of the ETF industry in Europe. It was the first local provider to surpass the 1,000 ETFs milestone ten years ago, on 22 August 2012. A decade later, Xetra still has the broadest range of exchange-traded instruments on the Old Continent.
"We are pleased to have reached the 2,000th ETF as another milestone in the development of our ETF segment. What was once a niche product at the beginning of the millennium has become Europe's most successful financial product, providing all groups of investors with simple, cost-effective, and efficient access to capital markets," Stephan Kraus, the Head of the ETF & ETP segment at Deutsche Börse, said.
"The growing diversity of the product range on Xetra shows the unwavering interest of both providers and investors in developing new investment opportunities through ETFs."
Equity ETFs are the most popular instruments in Deutsche Börse's portfolio (1,414). Bond ETFs are second (533), with commodity and multi-asset strategies taking the third spot (53). By comparison, there are three thousand ETFs listed on the US market, but it has a much longer tradition of issuing exchange-traded products.
BlackRock Dominates the Industry
According to the Bloomberg Intelligence report reviewing Europe's ETF industry in 2021, the Old Continent saw a record-breaking €162 billion in inflows. The largest market share of over 40% was held by BlackRock, which accounted for €69 billion in inflows last year. At the end of 2021, BlackRock's ETF asset under management (AUM) amounted to €615 billion.
DWS and Amundi battled for second place: net inflows in 2021 reached €17.4 billion and €11.2 billion, and ETF AUM stood a €155 billion and €111.4 billion, respectively. Vanguard and Invesco, major players in the US ETF market, took fourth and fifth place.
