Bearish bet backfires: T‑Rex 2X Inverse Bitcoin Daily Target ETF sees investors pull nearly 10% of assets
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The T-Rex 2X Inverse Bitcoin Daily Target ETF, BTCZ, recorded outflows of $1,614,981 on February 26, 2026, as traders pared back leveraged bearish positions. With assets under management now at $16,419,648, the latest redemption wave represents roughly 9.84% of AUM, underscoring how fast money can pivot in the inverse-crypto space.
The related asset, BTC-USD, is currently trading at $71,531.85 after a bruising three-month slide of about 27.36%, yet it still sits elevated versus historical cycles. Its 1-day technical signal remains a cautious Sell, suggesting that despite the sizable outflows from BTCZ, short-term indicators have not fully flipped in favor of the bulls.
The divergence between investors exiting a 2x inverse product and lingering negative signals on the underlying coin highlights a nuanced risk reset rather than an outright sentiment shift. Some traders may be taking profits or cutting leverage after Bitcoin’s volatility spike, while longer-term bears watch for confirmation that downside momentum is truly fading.
For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.