Leverage on the Edge: BTCL Attracts Fresh Cash as Bitcoin Slump Fails to Scare Speculators
Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
The T-Rex 2X Long Bitcoin Daily Target ETF, BTCL, drew a sizable cash injection on January 30, 2026, with investors adding $1,298,640 in new money. The leveraged Bitcoin vehicle now manages $34,543,824 in assets under management (AUM), meaning the latest flow amounted to roughly 3.76% of its total size—an unusually large one-day vote of confidence for such a niche product.
The related asset, BTC-USD, is currently trading at $78,975.06. Despite the recent inflows into BTCL, Bitcoin has shed about 23.7% over the past three months, a drawdown that would typically pressure leveraged long products. Short-term momentum remains fragile, with the one-day technical signal flashing Sell, underscoring the tension between technical caution and speculative appetite.
The contrast is striking: while Bitcoin’s medium-term slide and bearish near-term signals suggest lingering market unease, fresh capital is still flowing into a 2x long ETF that amplifies daily moves. That pattern points to a cohort of traders using BTCL tactically—to bet on a rebound, time short-covering rallies, or simply lean into volatility—rather than reflecting broad-based, long-horizon conviction in the asset class.
For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.