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BlackRock has record ETF launch with carbon transition fund

carbon transition

Investors plowed $1.25 billion into the BlackRock U.S. Carbon Transition Readiness ETF Thursday, making it the biggest launch in the ETF industry’s three-decade history.

An exchange-traded fund investing in U.S. companies that BlackRock Inc. considers most likely to prosper in the transition to a low-carbon world attracted record inflows Thursday on its first day of trading.

Investors plowed $1.25 billion into the BlackRock U.S. Carbon Transition Readiness ETF, m

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