Leveraged Bitcoin Bulls Return as T-Rex’s BTCL Shrugs Off Slump With Fresh Inflows
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
The T-Rex 2X Long Bitcoin Daily Target ETF, BTCL, drew $721,235 in new money on February 06, 2026, signaling renewed appetite for leveraged crypto exposure despite recent market turbulence. The inflow represents roughly 2.97% of its $24.30 million in assets under management, a sizeable single-day shift for the niche product.
The related asset, BTC-USD, is currently trading at $67,501.32 after a bruising three months in which it has dropped about 30.85%, underscoring the high-risk backdrop for leveraged long products. Short-term momentum remains negative, with a 1-day technical signal flashing Strong Sell, yet some traders are clearly positioning for a rebound.
Given BTCL’s 2x daily long mandate, the latest inflows suggest speculative traders may see capitulation rather than the start of a prolonged downtrend in Bitcoin. With nearly 3% of the fund’s capital turning over in a single day, positioning appears to be shifting quickly as volatility lures tactical players back into the market. For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.

