The T-Rex 2X Long Bitcoin Daily Target ETF, trading under the ticker BTCL, represents an innovative financial instrument designed to cater to investors with a bullish outlook on Bitcoin, while simultaneously hedging against the U.S. Dollar. As a distinguished member of the "Pair focused on Long BTC, Short USD" category, BTCL strategically positions itself within the derivative niche, offering a unique investment proposition.
This ETF aims to deliver twice the daily performance of Bitcoin against the dollar, leveraging advanced financial derivatives to amplify returns for those anticipating upward movements in Bitcoin's value. By employing a sophisticated approach of going long on Bitcoin and shorting the U.S. Dollar, BTCL provides a distinctive opportunity for investors looking to capitalize on Bitcoin's volatility and potential appreciation, while mitigating currency risk.
Designed for the risk-tolerant investor, BTCL is not just an investment in cryptocurrency but a calculated play on the dynamics of currency pairs. It serves as a compelling option for those seeking to enhance their portfolio with a targeted, high-risk, high-reward strategy in the rapidly evolving digital asset space.
T-Rex 2X Long Bitcoin Daily Target ETF (BTCL) Fund Flow Chart
T-Rex 2X Long Bitcoin Daily Target ETF (BTCL) 1 year Net Flows: 30M
BTCL ETF FAQ
What was BTCL’s price range in the past 12 months?
BTCL lowest ETF price was 16.67 and its highest was 69.81 in the past 12 months.
What is the AUM of BTCL?
As of Mar 06, 2025 The AUM of BTCL is 43.42M.
Is BTCL overvalued?
Not enough analysts have published a price target to calculate whether the price is overvalued.
Does BTCL pay dividends?
BTCL pays a Notavailable dividend of 2.115 which represents an annual dividend yield of 5.07%. See more information on BTCL dividends here
How many shares outstanding does BTCL have?
BTCL has 1,010,000 shares outstanding.
Which hedge fund is a major shareholder of BTCL?
Currently, no hedge funds are holding shares in BTCL