According to Eric Balchunas, the Catastrophe Bond ETF experienced over $3 million in trading volume on its first day, significantly surpassing average expectations for independent issuers and typical bond-related ETFs. This performance is notably higher compared to the YWCA ETF, which achieved only 1,000 traded shares on its debut day, marking a stark difference of 3,000 times less than the Catastrophe Bond ETF ($ILS).