Leveraged Bitcoin ETF Sees Fresh Inflows Despite Steep Crypto Pullback
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The T-Rex 2X Long Bitcoin Daily Target ETF, BTCL, drew fresh investor money even as its underlying asset struggles. On February 06, 2026, the fund recorded positive flows of $721,235, lifting its assets under management to $19,906,086. The latest inflow represents roughly 3.62% of BTCL’s total AUM, a meaningful one-day vote of confidence in a highly volatile, leveraged vehicle.
The related asset, BTC-USD, is currently trading around $70,232.01, having shed about 30.77% over the past three months amid a broad risk-off move across digital assets. Short-term technicals remain gloomy, with a 1-day signal flashing Strong Sell, underscoring the tension between deteriorating price momentum and renewed speculative demand for upside exposure via BTCL.
The sizeable inflow into a 2x leveraged Bitcoin ETF against a backdrop of sharp price declines suggests that some traders may be positioning for an imminent rebound or attempting to tactically exploit intraday volatility. Others may view the recent drawdown in Bitcoin as an opportunity to scale into leveraged long exposure at lower levels, despite the elevated risk profile and potential for amplified losses should the downtrend persist.
For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.