State Street Highlights Record ETF Growth and Servicing Momentum in 2025 Midyear Megatrends Report

• In the First Half of 2025, State Street Supported More than 200 ETF Launches for Clients Globally

BOSTON--(BUSINESS WIRE)--State Street Corporation today 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

About State Street Corporation
State Street Corporation (NYSE: STT) is one of the world's leading providers of financial services to institutional investors including investment servicing, investment management and investment research and trading. With $49.0 trillion in assets under custody and/or administration and $5.1 trillion* in assets under management as of June 30, 2025, State Street operates globally in more than 100 geographic markets and employs approximately 52,000 worldwide. For more information, visit State Street's website at www.statestreet.com.

*Assets under management as of June 30, 2025 includes approximately $116 billion of assets with respect to SPDR^® products for which State Street Global Advisors Funds Distributors, LLC (SSGA FD) acts solely as the marketing agent. SSGA FD and State Street Investment Management are affiliated.

¹ ETFGI Global ETF Insights, June 30, 2025
² ETFGI Global ETF Insights - June 30, 2025 and State Street internal research
³ SEC.gov