(BTCL) T-Rex 2X Long Bitcoin Daily - Overview
Etf: Swaps, Futures, Options
Dividends
| Dividend Yield | 1.69% |
| Yield on Cost 5y | 2.11% |
| Yield CAGR 5y | -76.84% |
| Payout Consistency | 74.0% |
| Payout Ratio | - |
| Risk 5d forecast | |
|---|---|
| Volatility | 193% |
| Relative Tail Risk | 0.19% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | -0.75 |
| Alpha | -93.14 |
| Character TTM | |
|---|---|
| Beta | 2.030 |
| Beta Downside | 1.346 |
| Drawdowns 3y | |
|---|---|
| Max DD | 78.30% |
| CAGR/Max DD | -0.22 |
Description: BTCL T-Rex 2X Long Bitcoin Daily December 22, 2025
The T-Rex 2X Long Bitcoin Daily Target ETF (BATS: BTCL) seeks to deliver **200 % of the daily price movement of Bitcoin** by investing at least 80 % of its net assets-plus any investment-purpose borrowings-into financial instruments that provide leveraged exposure to the cryptocurrency’s reference asset. Because it is a non-diversified, daily-reset vehicle, performance can diverge significantly from a simple 2× multiple over longer horizons due to compounding and volatility drag.
Key market data that influence BTCL’s risk-return profile include: (1) **30-day implied volatility of Bitcoin**, which regularly exceeds 70 % and drives the cost of maintaining leveraged positions; (2) the fund’s **expense ratio (~0.95 %)** and **average daily turnover**, which together affect net returns especially in thin-volume periods; and (3) macro-level drivers such as **U.S. monetary policy and regulatory developments** that can cause abrupt shifts in crypto demand and liquidity, amplifying both upside and downside swings.
For a deeper, data-rich view of BTCL’s historical tracking error and decay dynamics, you may want to explore the analytics on ValueRay.
What is the price of BTCL shares?
Over the past week, the price has changed by -33.03%, over one month by -46.33%, over three months by -57.99% and over the past year by -65.39%.
Is BTCL a buy, sell or hold?
What are the forecasts/targets for the BTCL price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 14.6 | -15.6% |
BTCL Fundamental Data Overview February 02, 2026
EBIT TTM = 0.0 USD
EBITDA TTM = 0.0 USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = unknown
Enterprise Value = 34.4m USD (34.4m + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
EV/FCF = unknown (FCF TTM 0.0)
FCF Yield = 0.0% (FCF TTM 0.0 / Enterprise Value 34.4m)
FCF Margin = unknown (Revenue TTM is 0 or missing)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = unknown (Enterprise Value 34.4m / Total Assets none)
Interest Expense / Debt = unknown (Interest Expense 0.0 / Debt none)
Taxrate = 21.0% (US default 21%)
NOPAT = 0.0 (EBIT 0.0 * (1 - 21.00%))
Current Ratio = unknown (Total Current Assets none / Total Current Liabilities none)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = unknown (Net Debt none / EBITDA 0.0)
Debt / FCF = unknown (Net Debt none / FCF TTM 0.0)
Total Stockholder Equity = 0.0 (from calculated bookValueOfEquity)
RoA = unknown (Net Income 0.0 / Total Assets none)
RoE = unknown (Net Income TTM 0.0 / Total Stockholder Equity 0.0)
RoCE = unknown (EBIT 0.0 / Capital Employed )
RoIC = unknown (NOPAT 0.0, Invested Capital 0.0, EBIT 0.0)
WACC = 13.40% (E(34.4m)/V(34.4m) * Re(13.40%) + (debt-free company))
Discount Rate = 13.40% (= CAPM, Blume Beta Adj.)
Fair Price DCF = unknown (Cash Flow 0.0)