BNY Mellon Insights-How Active ETFs Are Changing the European Market

May 8, 2024--Distribution, fees, transparency and market structure are key challenges in the rapidly growing active exchange-traded funds (ETF) market in Europe, according to a panel hosted by BNY. Experts from across the ETF spectrum-including representation from market makers, issuers and fund governance professionals- met in May to discuss the changing landscape of active investment choices.

While all agree the presence of active ETFs represents a clear opportunity in European markets, there are nuances that will require the industry to adjust.

Growth trends

Although the market share of active ETFs versus their established passive products is currently low-around 2%¹- it is accelerating fast, according to the panel. Citing the visible trends from the United States, where active ETFs have jumped to more than 8% market share² (1,200+ products), members of the panel pointed out that as of May 7, 2024, almost a third of all U.S. ETF flows went to active structures. That pattern has the potential to be repeated in Europe in the coming years.

France Eases Retail Crypto Rules as Europe Unlocks Access for Millions

December 9, 2025-AMF doctrine shift follows UK and Nordic moves;
CoinShares leads the European market with a 32% AUM share
CoinShares International Limited ("CoinShares" or "the Group") (Nasdaq Stockholm: CS; USOTCQX: CNSRF) - a leading global asset manager specialising in digital assets, which has announced a merger with Vine Hill Capital Investment Corp (Nasdaq: VCIC), welcomes France's AMF decision to open retail access to regulated crypto ETNs.

Archax Executes First After-Hours Transaction of its Tokenized Canary HBR ETF on Hedera Mainnet

December 5, 2025-Archax, the UK/EU-regulated digital asset platform, today announced the tokenization and first onchain transaction of the Canary HBR ETF on the Hedera Network. The completed out-of-hours transaction is a landmark achievement in blockchain-based finance: an ETF linked to Hedera's native token, tokenized and transacting on the Hedera Network itself, outside of traditional market hours.