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T-Rex 2X Inverse Bitcoin Daily Target ETF (BTCZ)

Trading--Miscellaneous | Exchange Traded Fund | Cboe US
3.58 USD +0.22 (6.389%) ⇧ (Aug. 28, 2026, 4 p.m. EDT)
After hours: 3.53 -0.05 (-0.049%) ⇩ (Aug. 28, 2026, 7:59 p.m. EDT)

Short-term:★☆☆☆☆Long-term:⯪☆☆☆☆Dividends:⯪☆☆☆☆
Hot Take | Aug. 22, 2026, 4:52 a.m. EDT

This is a distressed momentum play on a leveraged inverse ETF that has already suffered a catastrophic -85% drop over the last year. The recent price action shows a violent capitulation, plunging from $5.66 to $3.64 in just a few sessions, which aligns perfectly with the aggressive put buying seen in the options chain. Traders are clearly betting that Bitcoin will continue to fall, pushing this 2x inverse fund even lower. While the statistical forecast model offers a weak lean toward stability, it is statistically unreliable and completely overridden by the overwhelming bearish sentiment in both the price action and the options flow. The dividend is negligible and irrelevant given the asset class. This is not a recovery trade; it is a high-risk bet on continued crypto market weakness.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoARIMA ✓0.127911
MSTL0.229489
AutoETS0.234935
AutoTheta0.267312

Forecast horizon: 45 days | Selected: AutoARIMA

Forecast Reliability
Score 32%
H-stat 0.11
Ljung-Box p 0.000
Jarque-Bera p 0.201
Excess Kurtosis -1.31

As of Aug. 22, 2026, 4:52 a.m. EDT: Speculators are aggressively positioning for further downside. In the near term (August expiration), put volume is overwhelmingly concentrated in the money (ITM) strikes, with massive activity at the $7 strike compared to negligible call interest. This suggests a 'buy the dip' strategy where traders are betting on a continuation of the recent crash. Longer-dated expirations show heavy OTM put open interest at lower strikes ($1-$3), indicating a fear of a deeper, structural decline rather than just a temporary bounce.


Dividend Data

Dividend History
Date Dividend Yield %
2024-12-24 0.005 0.094429
Additional Data
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
dividendYield 0.01

Info Dump

Attribute Value
All Time High 29.68
All Time Low 2.3
Ask 3.57
Ask Size 69,500
Average Daily Volume10 Day 13,129,140
Average Daily Volume3 Month 21,290,247
Average Volume 21,290,247
Average Volume10Days 13,129,140
Beta3 Year 0.0
Bid 3.53
Bid Size 94,800
Category Trading--Miscellaneous
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 3.63
Day Low 3.375
Dividend Yield 0.01
Esg Populated 0
Exchange BTS
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 5.3472
Fifty Day Average Change -1.7672
Fifty Day Average Change Percent -0.33049074
Fifty Two Week Change Percent 16.802608
Fifty Two Week High 7.34
Fifty Two Week High Change -3.7600002
Fifty Two Week High Change Percent -0.5122616
Fifty Two Week Low 2.3
Fifty Two Week Low Change 1.28
Fifty Two Week Low Change Percent 0.5565217
Fifty Two Week Range 2.3 - 7.34
First Trade Date Milliseconds 1,720,618,200,000
Full Exchange Name Cboe US
Fullday Change 0.215
Fullday Change Percent 6.3893
Fullday Price 3.5312
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% inverse (opposite) exposure to the price performance of the Reference Assets on a daily basis. The fund is non-diversified.
Long Name T-Rex 2X Inverse Bitcoin Daily Target ETF
Market us_market
Market State CLOSED
Max Age 86,400
Message Board Id finmb_1873001374
Nav Price 3.368
Net Assets 21,931,652.0
Net Expense Ratio 0.95
Open 3.42
Phone (800) 673-0550
Post Market Change -0.04879999
Post Market Change Percent -1.3631283
Post Market Price 3.5312
Post Market Time 1,787,961,555
Previous Close 3.365
Price Hint 4
Quote Source Name Nasdaq Real Time Price
Quote Type ETF
Region US
Regular Market Change 0.215
Regular Market Change Percent 6.3893
Regular Market Day High 3.63
Regular Market Day Low 3.375
Regular Market Day Range 3.375 - 3.63
Regular Market Open 3.42
Regular Market Previous Close 3.365
Regular Market Price 3.58
Regular Market Time 1,787,947,200
Regular Market Volume 18,581,838
Short Name T-Rex 2X Inverse Bitcoin Daily
Source Interval 15
Symbol BTCZ
Total Assets 21,931,652
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Peg Ratio None
Trailing Three Month Nav Returns 34.38496
Trailing Three Month Returns 34.38496
Triggerable 1
Two Hundred Day Average 4.826625
Two Hundred Day Average Change -1.246625
Two Hundred Day Average Change Percent -0.25828087
Type Disp ETF
Volume 18,581,838
Yield 0.0001
Ytd Return 34.34982