Carbon Bubble
Carbon Fund Turns One With $540 Million Assets and Zero Outflows
Global ETF is up 80% since launch as investors make long-term bets.
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The red-hot market for global emissions credits has handed one exchange-traded fund a perfect first year of trading.
The KraneShares Global Carbon ETF (ticker KRBN) celebrated its birthday Friday, up about 80% since its inception with $540 million in assets and not a single day with a net outflow.