REX Bitcoin Corporate Treasury Convertible Bond ETF (NASDAQ:BMAX) Shares Down 2% – Here’s Why

REX Bitcoin Corporate Treasury Convertible Bond ETF (NASDAQ:BMAX)’s stock price fell 2% during mid-day trading on Wednesday . The company traded as low as $23.57 and last traded at $23.21. 9 shares changed hands during mid-day trading, a decline of 99% from the average session volume of 1,285 shares. The stock had previously closed at $23.68.

REX Bitcoin Corporate Treasury Convertible Bond ETF Stock Performance

The business has a 50 day moving average price of $23.46 and a 200-day moving average price of $25.05.

Institutional Trading of REX Bitcoin Corporate Treasury Convertible Bond ETF

A hedge fund recently raised its stake in REX Bitcoin Corporate Treasury Convertible Bond ETF stock. Jane Street Group LLC grew its position in REX Bitcoin Corporate Treasury Convertible Bond ETF (NASDAQ:BMAX) by 82.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 33,400 shares of the company’s stock after acquiring an additional 15,101 shares during the period. Jane Street Group LLC owned about 13.36% of REX Bitcoin Corporate Treasury Convertible Bond ETF worth $770,000 at the end of the most recent quarter.

REX Bitcoin Corporate Treasury Convertible Bond ETF Company Profile

The REX Bitcoin Corporate Treasury Convertible Bond ETF (BMAX) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund structured as a C-Corp, invests in OTC convertible bonds issued by US public companies that hold bitcoin on their balance sheets. The fund aims for total return, without limitations on credit quality or duration BMAX was launched on Mar 14, 2025 and is issued by REX Shares.