This document is an ETF Market Report for the third quarter of 2025, detailing the performance and trends of exchange-traded funds (ETFs) on the SIX Swiss Exchange. It outlines that the total turnover for the quarter was CHF 24.77 billion from 720,527 transactions, which was lower than the previous year due to the typically weaker summer months. The report notes that while the number of trades and turnover in the Swiss ETF market decreased compared to the previous quarter, they remained significantly higher than the previous year. The document also highlights the performance of various asset classes, with equity ETFs dominating the market share at 75.02%. It presents the top-performing ETFs and discusses the trends in new listings, indicating an increase in low-cost index funds. The report concludes with insights into the market dynamics, including the performance of major issuers and the overall ETF landscape in Switzerland.