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T-Rex 2X Long Bitcoin Daily Target ETF (BTCL)

Trading--Miscellaneous | Exchange Traded Fund | Cboe US
17.70 USD -1.15 (-6.076%) ⇩ (Aug. 28, 2026, 4 p.m. EDT)
After hours: 17.76 +0.06 (0.339%) ⇧ (Aug. 28, 2026, 7:53 p.m. EDT)

Short-term:★★★⯪☆Long-term:★★⯪☆☆Dividends:★★☆☆☆
Hot Take | Aug. 22, 2026, 3:51 a.m. EDT

The most compelling signal here is the massive 143% surge over the last year, driven by the underlying Bitcoin rally. However, this is a leveraged daily ETF (2x long), which introduces severe compounding drag during any sideways or down markets. The price has already corrected significantly from its August highs, trading well below the 200-day average, indicating the market is currently pricing in a pause or correction in the crypto asset. While the recent 14-day price action shows a sharp bounce, the statistical forecast model offers no directional bias, reflecting the uncertainty inherent in leveraged products. The 'dividend' yield of 4.1% is misleading; it stems from the massive capital loss incurred during the previous year's crash, not from actual income generation. This is a speculative vehicle for aggressive Bitcoin bulls, not a stable investment. For a short-term trade, the bounce looks healthy, but the long-term outlook remains precarious due to the structural decay of leverage.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL ✓0.175912
AutoETS0.186214
AutoTheta0.389971
AutoARIMA0.515937

Forecast horizon: 45 days | Selected: MSTL

Forecast Reliability
Score 21%
H-stat 10.57
Ljung-Box p 0.000
Jarque-Bera p 0.000
Excess Kurtosis 1.24

As of Aug. 22, 2026, 3:51 a.m. EDT: Speculators are positioning for continued upside with heavy call volume at strikes above the current price (18.0 and 20.0 for September expiry), while put activity remains negligible. Implied volatility is extremely compressed (under 1%), suggesting a calm market environment where traders expect the leveraged ETF to drift upward without significant volatility spikes.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
1.69% 1.69%
Dividend History
Date Dividend Yield %
2025-12-24 0.490 1.689073
2024-12-24 2.116 3.836809
Additional Data
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
dividendYield 4.11

Info Dump

Attribute Value
All Time High 69.81
All Time Low 10.4
Ask 18.06
Ask Size 1,200
Average Daily Volume10 Day 123,670
Average Daily Volume3 Month 98,414
Average Volume 98,414
Average Volume10Days 123,670
Beta3 Year 0.0
Bid 17.66
Bid Size 2,600
Category Trading--Miscellaneous
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 18.72
Day Low 17.465
Dividend Yield 4.11
Esg Populated 0
Exchange BTS
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 13.02428
Fifty Day Average Change 4.675721
Fifty Day Average Change Percent 0.35900036
Fifty Two Week Change Percent -67.210075
Fifty Two Week High 68.287
Fifty Two Week High Change -50.587
Fifty Two Week High Change Percent -0.74079984
Fifty Two Week Low 10.4
Fifty Two Week Low Change 7.300001
Fifty Two Week Low Change Percent 0.7019232
Fifty Two Week Range 10.4 - 68.287
First Trade Date Milliseconds 1,720,618,200,000
Full Exchange Name Cboe US
Fullday Change -1.145
Fullday Change Percent -6.07587
Fullday Price 17.76
Fund Family Rex
Fund Inception Date 1,720,483,200
Gmt Off Set Milliseconds -14,400,000
Has Pre Post Market Data 1
Language en-US
Legal Type Exchange Traded Fund
Long Business Summary The fund, under normal circumstances, invests at least 80% of its net assets (plus any borrowings for investment purposes) in financial instruments that are designed to provide, in the aggregate, 200% exposure to the price performance of the Reference Assets on a daily basis. The fund is non-diversified.
Long Name T-Rex 2X Long Bitcoin Daily Target ETF
Market us_market
Market State CLOSED
Max Age 86,400
Message Board Id finmb_1873001766
Nav Price 18.8506
Net Assets 24,356,220.0
Net Expense Ratio 0.95
Open 18.46
Phone (800) 673-0550
Post Market Change 0.059999466
Post Market Change Percent 0.33898002
Post Market Price 17.76
Post Market Time 1,787,961,231
Previous Close 18.845
Price Hint 2
Quote Source Name Delayed Quote
Quote Type ETF
Region US
Regular Market Change -1.145
Regular Market Change Percent -6.07587
Regular Market Day High 18.72
Regular Market Day Low 17.465
Regular Market Day Range 17.465 - 18.72
Regular Market Open 18.46
Regular Market Previous Close 18.845
Regular Market Price 17.7
Regular Market Time 1,787,947,200
Regular Market Volume 125,691
Short Name T-Rex 2X Long Bitcoin Daily Tar
Source Interval 15
Symbol BTCL
Total Assets 24,356,220
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Peg Ratio None
Trailing Three Month Nav Returns -37.22402
Trailing Three Month Returns -37.22402
Triggerable 1
Two Hundred Day Average 20.10787
Two Hundred Day Average Change -2.4078693
Two Hundred Day Average Change Percent -0.11974761
Type Disp ETF
Volume 125,691
Yield 0.041100003
Ytd Return -58.93408