CHPX is trading 1.9% down at $100.48, likely pressured by broader risk-off sentiment after President Trump rejected Iran’s proposal to reopen the Strait of Hormuz. - The rejection pushed oil higher, reviving inflation concerns as Treasury yields climbed; Reuters reported U.S. stock futures fell in response. - CHPX is an AI semiconductor and quantum ETF; the Nasdaq was down 0.51%. No clear CHPX-specific announcement surfaced, and no trading-volume figure was provided.