Bearish bets on Bitcoin surged this week as the T-Rex 2X Inverse Bitcoin Daily Target ETF, BTCZ, logged fresh inflows of $3.94 million on May 07, 2026. The move lifted its assets under management to about $25.28 million, meaning roughly 15.6% of the fund’s capital base was reshaped in a single day, a sizable vote of confidence in leveraged downside exposure.
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The related asset, BTC-USD, is currently trading at $80,240.47 after gaining about 13.5% over the past three months. Despite that strong advance, the short-term technical backdrop still flashes a Buy signal, underscoring a market where spot momentum and demand for inverse leverage coexist in a tug-of-war over Bitcoin’s next big move.
The juxtaposition of robust inflows into a 2x inverse vehicle with a bullish near-term technical read on Bitcoin could indicate hedging by sophisticated traders rather than outright bearish conviction. It may also reflect fears that extended gains leave the leading cryptocurrency vulnerable to sharp swings, making leveraged inverse instruments an attractive tactical tool for managing risk or timing pullbacks in an increasingly volatile digital-asset landscape.
For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.