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BlackRock climate vow pays off with new ETF’s $600 million debut

wind-turbine-BlackRock-climate-change-new-ETF-sees-$600M-inflows

Exchange-traded fund launched last week sees big investment from Finnish pension insurer

BlackRock Inc.’s climate pledge is already paying off.

An exchange-traded fund from the New York-based money manager has attracted more than $600 million this week, despite only starting trading on Friday, data compiled by Bloomberg show. That’s the best debut for any U.S. ETF this year, and

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