BTCL
·CBOE
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Key Stats
Assets Under Management
40.55MUSD
Fund Flows (1Y)
-9.38MUSD
Dividend Yield
7.06%
Discount/Premium to NAV
-0.22%
Shares Outstanding
1.32M
Expense Ratio
0.95%
About T-Rex 2X Long Bitcoin Daily Target ETF
Issuer
Tuttle Capital Management, LLC
Brand
T-Rex
Home Page
Inception Date
Jul 10, 2024
Structure
Open-Ended Fund
Index Tracked
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Management Style
Active
Dividend Treatment
Distributes
Distribution Tax Treatment
Ordinary income
Income Tax Type
Capital Gains
Max ST Capital Gains Rate
39.60%
Max LT Capital Gains Rate
20.00%
Primary Advisor
Tuttle Capital Management LLC
Distributor
Foreside Fund Services LLC
BTCL aims for bullish bets on the daily price of spot Bitcoin through swap agreements. It seeks daily leveraged exposure equivalent to 200% of the fund's net assets. To maintain this exposure, daily rebalancing is performed to make adjustments in response to Bitcoin's daily price movements. The rebalancing value is based on an average price calculated during the final equity trading hour in New York. As a geared product, the fund is a short-term tactical tool, rather than a long-term investment vehicle. As a result, returns may deviate from the expected 2x if held for longer than a single day due to compounding. This strategy is high-risk and does not include a defensive position as part of its overall process. Note that should Bitcoin's value decline by more than 50% relative to the fund, investors could face a total loss. The fund could also potentially lose money over time, even if Bitcoin's performance strengthens.
Classification
Asset Class
Currency
Category
Pair
Focus
Long BTC, Short USD
Niche
Derivative
Strategy
Vanilla
Geography
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Weighting Scheme
Single Asset
Selection Criteria
Single asset
Returns
1-Month | 3-Month | YTD | 1-Year | 3-Year | 5-Year | |
|---|---|---|---|---|---|---|
Price Performance | -11.34% | -45.78% | -42.51% | -51.62% | +18.80% | +18.80% |
NAV Total Return | -22.27% | -41.04% | -36.40% | -36.85% | +1.27% | +1.27% |
Ratings
No data is currently available
Ainvest’s AI-powered ETF Scoring Algorithm, built to help retail investors make smarter, data-driven decisions. Leveraging deep learning, reinforcement learning, and large language models, the algorithm scores ETFs across five key dimensions: Fund Flow, Momentum, Safety, Fundamentals, and Performance. Each factor is weighted by its correlation to future returns, resulting in a single, actionable score. Backtested over five years with consistently strong predictive accuracy. Ainvest brings institutional-grade artificial intelligence to everyday investors—transforming complexity into clarity with every score.
Holdings Analysis
Sector
No data is currently available
Asset
No data is currently available
Region
No data is currently available
Investment Style
No data is currently available
Top 10 Holdings
Symbol
Ratio
ISHARES BITCOIN TRUST SWAP
119.92%
ISHARES BITCOIN TRUST ETF SWAP CANTOR
80.12%
First American Treasury Obligations Fund 01/01/2040
9.71%
Cash & Other
-109.93%
Top 10 Weight 99.82%
4 Total Holdings
Dividends
Dividend Payout History
Declaration Date | Record Date | Payment Date | Amount |
|---|---|---|---|
| 2024-12-24 | 2024-12-24 | 2024-12-26 | 2.116 |
Premium/Discount Chart
Premium/Discount to NAV
Price
1M
Assets Under Management
Assets Under Management
1M
Fund Flows
Inflows
Outflows
1M
