T-Rex 2X Inverse Bitcoin Daily Target ETF
BTCZ
8 hedge funds and large institutions have $427K invested in T-Rex 2X Inverse Bitcoin Daily Target ETF in 2025 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 1 increasing their positions, 4 reducing their positions, and 1 closing their positions.
200% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 1
33% more funds holding
Funds holding: 6 → 8 (+2)
13.88% less ownership
Funds ownership: 23.28% → 9.41% (-14%)
59% less capital invested
Capital invested by funds: $1.03M → $427K (-$608K)
75% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 4
79% less call options, than puts
Call options by funds: $7K | Put options by funds: $33K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTUS
Flow Traders U.S.
New York
|
+$114K |
| 2 |
HF
HRT Financial
New York
|
+$75.2K |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$45.8K |
| 4 |
Belvedere Trading
Chicago,
Illinois
|
+$21.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$647K |
| 2 |
GS
GTS Securities
New York
|
-$46.5K |
| 3 |
Group One Trading
Chicago,
Illinois
|
-$4.73K |
| 4 |
Simplex Trading
Chicago,
Illinois
|
-$1.36K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$705 |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FTUS
1
Flow Traders U.S.
New York
| $110K | +$114K | +38,961 | New |
|
|
2
Citadel Advisors
Miami,
Florida
| $85.1K | +$45.8K | +15,606 | +107% |
|
|
HF
3
HRT Financial
New York
| $72K | +$75.2K | +25,611 | New |
|
|
GS
4
GTS Securities
New York
| $71.9K | -$46.5K | -15,859 | -38% |
|
|
5
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $62.6K | -$647K | -220,502 | -91% |
|
|
6
Belvedere Trading
Chicago,
Illinois
| $20.4K | +$21.2K | +7,237 | New |
|
|
7
Group One Trading
Chicago,
Illinois
| $4.77K | -$4.73K | -1,612 | -49% |
|
|
8
Simplex Trading
Chicago,
Illinois
| – | -$1.36K | -463 | -69% |
|
|
9
UBS Group
Zurich,
Switzerland
| – | -$705 | -206 | Closed |
|
BTCZ Hedge Fund Activity: Q3 2025 in Review
8 of the 7,621 institutional investors tracked by Wall St. Rank reported a position in T-Rex 2X Inverse Bitcoin Daily Target ETF (BTCZ) for Q3 2025, worth a combined $427K — down 59% from $1.03M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new BTCZ positions and 1 closed out — a net gain of 2 holders — while 1 added to existing stakes and 4 trimmed.
The largest buyer was Flow Traders U.S., opening a new position worth an estimated $114K. The largest seller was Susquehanna International Group, cutting an estimated $647K.
- 8 institutional investors held T-Rex 2X Inverse Bitcoin Daily Target ETF (BTCZ) as of Q3 2025, up from 6 in Q2 2025.
- Funds reported $427K of T-Rex 2X Inverse Bitcoin Daily Target ETF stock for Q3 2025, down 59% quarter-over-quarter.
- 3 funds opened new T-Rex 2X Inverse Bitcoin Daily Target ETF positions in Q3 2025 and 1 closed out, a net change of +2 holders.
- The largest T-Rex 2X Inverse Bitcoin Daily Target ETF buyer in Q3 2025 was Flow Traders U.S., an estimated $114K added.
- The largest T-Rex 2X Inverse Bitcoin Daily Target ETF seller in Q3 2025 was Susquehanna International Group, an estimated $647K sold.
Based on aggregated 13F filings for Q3 2025.