August 10, 2026
- ETP average daily volume fell 15.52% m/m (+38.51% y/y) to 4.20 bn, as the VIX average daily close declined 4.60% m/m (+4.91% y/y), to 17.13.
- Average daily value plummeted 34.66% m/m (+8.42% y/y) to $228.1 bn.
- ETP ADV represented 24.11% of total equity ADV (+283 bps m/m), and 22.20% of ADVT (-485 bps m/m).
- Active ETPs (transparent and semi-transparent) accounted for 11.91% (+11 bps m/m) of total AUM, 25.04% (+64 bps m/m) of total ADV and 12.55% (+382 bps m/m) of total ADVT.
- The 20-most-active ETPs comprised 46.54% (+459 bp m/m) of total ETP volume and 11.22% (+229 bps m/m) of all equity volume, during regular trading hours.
- Off-exchange venues (+37 bps m/m) gained the most market share; Cboe EDGX (-36 bps m/m) lost the most market share.
- Net ETP inflows were $184.43 bn. US equity funds ($93.07 bn) once again led the pack, with US corporate fixed income ($29.61 bn) a distant second. Only currency funds (-$285.6 mn) experienced net outflows.
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