Flow Traders reported a slightly muted performance in the second quarter of 2026 compared to the first quarter, driven by decreased market trading volumes and lower volatility across both its traditional and digital asset businesses. In EMEA, quarter-to-date on- and off-exchange value traded was down 9% from the first quarter but up 7% year-on-year, while APAC volumes rose 6% sequentially and 103% year-on-year, with China down 5% from the prior quarter but up 98% from a year earlier. US ETF volumes fell 17% from the first quarter and were up only 1% year-on-year. In digital assets, crypto ETF volumes dropped 47% from the first quarter and 7% year-on-year, while the market for tokenized real-world assets grew to approximately USD 32 billion from around USD 28 billion in the first quarter and USD 7 billion in the first quarter of 2025. The company reiterated its 2026 fixed operating expense guidance of €235–245 million.
Flow Traders BVQ2 performance muted due to lower volatility and trading volumes, with fixed expense guidance reiterated.