European exchange-traded products hit a new high in Q3, with total assets exceeding $3 trillion. Europe now holds 1/6 of the global $17.9 trillion invested in ETFs/ETPs, with $2.87 trillion in ETFs, $143.4 billion in ETCs, and $23.2 billion in crypto ETPs.

Europe’s ETP market expanded 11% in Q3, slightly slower than the global 18% growth rate. Strong market performance and inflows of $113 billion fueled growth. Options-based ETFs, crypto ETPs, active ETFs, gold ETCs, and defense-themed ETFs were key segments driving growth.

U.S. still dominates the global ETF landscape with $13 trillion in assets, but Europe’s $3 trillion milestone shows rapid industry expansion. ETCs and ETFs differ in structure and scope, with ETCs tracking single assets like gold and offering direct redemption of the underlying asset.

Read more at Yahoo Finance: European ETP Market Surpasses $3 Trillion