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Inverse Bitcoin Bets Unwind as BTCZ Loses Nearly 17% of Its Assets in a Day

Inverse Bitcoin Bets Unwind as BTCZ Loses Nearly 17% of Its Assets in a Day

Inverse Bitcoin Bears Blink as BTCZ Sees Double-Digit Outflows

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The T-Rex 2X Inverse Bitcoin Daily Target ETF, BTCZ, recorded outflows of $4.18 million on March 23, 2026, a sizeable retreat for a niche leveraged product. With assets under management at roughly $24.96 million, the redemption wave stripped about 16.8% of the fund’s capital base in a single session.

The related asset, BTC-USD, is currently trading near $69,522.99 after sliding 18.32% over the past three months, a drawdown that had previously favored inverse and bearish structures. Yet the coin’s 1-day technical signal has flipped to Buy, hinting that traders may be paring back leveraged short exposure just as momentum appears to stabilize.

The abrupt shrinkage in BTCZ’s asset base suggests fast-money investors are locking in gains or reducing risk amid rising volatility rather than doubling down on a prolonged Bitcoin slump. If spot prices continue to firm, more short-covering in inverse ETFs could amplify upside swings, but any renewed selloff in Bitcoin would test how committed these investors are to staying sidelined.

For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.

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