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BTCL vs UXRP

T-Rex 2X Long Bitcoin Daily Target ETF

BTCLBCboe

ProShares Ultra XRP ETF

UXRPCNYSE Arca

Overlap

Expense ratio

BTCL −0.72pt a year

BTCL0.95%UXRP1.67%

Avg volume · 30D

UXRP 2.0×the volume

BTCL74.4KUXRP151K

BTCL vs UXRP Performance

Oct 31, 2025 – Oct 30, 2026

−66.6%BTCL−88.8%UXRP

Oct 31, 2025 to Oct 30, 2026. BTCL −66.6%. UXRP −88.8%. Use the arrow keys to read each point.−40%−20%0%Oct 2025Apr 2026Oct 2026
Expense ratio
BTCL 0.95%, better
UXRP 1.67%
Fund size
BTCL $35M
UXRP $38M
1Y total return
BTCL −66.6%, better
UXRP −88.8%
Yield (12M)
BTCL 2.98%
UXRP No data
Holdings
BTCL 3
UXRP 1
Avg volume (30D)
BTCL 74.4K sh
UXRP 151K sh, better
NAV per share
BTCL $18.33
UXRP $11.54
52W range

ETF.net Grade

BTCL: Cost 91, Risk 63, Mission not scored, Tradability 22, Holdings not scored, Durability 53. UXRP: Cost 68, Risk 30, Mission not scored, Tradability 39, Holdings not scored, Durability 55.
Pillar letters and Scores for BTCL, UXRP, with each pillar’s weight
PillarBTCLUXRP
Cost30% weightA91HigherB68
Mission25% weightNot scoredNot scored
Risk15% weightB63HigherD30
Tradability15% weightF22D39Higher
Holdings10% weightNot scoredNot scored
Durability5% weightC53B55Higher

Rank among 2x Long Crypto funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. BTCL and UXRP are both graded against the same 14 2x Long Crypto funds, so their Grades compare head to head.

2x Long Crypto⁠

Category · 14 funds
See all 14 ›

BTCL ranks 3rd and UXRP 5th of 14 funds in the 2x Long Crypto Category.

  1. Rank 1ABITUProShares Ultra Bitcoin ETFScore 82
  2. Rank 2AETHTProShares Ultra Ether ETFScore 76
  3. Rank 3BBTCLT-Rex 2X Long Bitcoin Daily Target ETFScore 65
  4. Rank 4BBITX2x Bitcoin Strategy ETFScore 61
  5. Rank 5CUXRPProShares Ultra XRP ETFScore 51
  6. Rank 6CSUILVolatility Shares 2x Sui ETFScore 48

Our read on each fund

ETF.net Research

BTCLBT-Rex 2X Long Bitcoin Daily Target ETF

UXRPCProShares Ultra XRP ETF

In short

BTCL No data

UXRP ProShares' 2x XRP fund: it resets daily, holds futures and swaps rather than XRP itself, and undercuts the other US 2x XRP ETF on fees by more than a full percentage point.

Stated mandate

BTCL No data

UXRP The fund seeks daily results, before fees and expenses, equal to twice XRP's daily performance.

Why people hold it

BTCL No data

  • UXRP At 1.67% a year it costs well under XXRP (2.77%), the other US fund tracking 2x daily XRP, and sits below its leveraged-crypto cohort's median fee.
  • The mandate is blunt and readable: 2x XRP's daily move before fees and expenses, delivered through futures and swaps, in a normal brokerage account.proshares.com
  • Built by ProShares, a leveraged and inverse specialist that runs the largest lineup of crypto-linked funds in the US.proshares.com

Worth knowing

BTCL No data

  • UXRP The 2x target applies to one day only. Hold longer and daily compounding pulls results away from 2x the period move, most sharply when XRP chops around.proshares.com
  • You never own XRP here. The fund gets exposure through derivatives, so counterparty and futures-market mechanics sit between you and the coin.proshares.com
  • Launched in 2025 and still small, with a shorter record and thinner trading than the firm's 2x bitcoin and ether funds (BITU, ETHT), which also charge about a point less.

Full BTCL profile⁠

Full UXRP profile⁠

BTCL vs UXRP Holdings

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

BTCL vs UXRP Cost

Overpaying UXRP vs BTCL

$10,768

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • BTCL 0.95%

    $17,869

  • UXRP 1.67%

    $28,637

$10,000
30 years

Cost over time

  • BTCL 0.95%
  • UXRP 1.67%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$10K$20K$30K051015202530UXRP $28,637BTCL $17,869

Year by year

YearBTCLUXRPOverpaying
10$1,678$2,863$1,185
20$6,322$10,445$4,123
30$17,869$28,637$10,768

Expense ratio

  • 0.95%BTCL, cheaper
  • 1.67%UXRP
  • Middle half of 2x Long Crypto funds
  • Median 2.02%

BTCL cheapest of 14 funds

UXRP 5th cheapest of 14 funds

BTCL vs UXRP Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
BTCL 2.98%
UXRP No data
Payout (12M)
BTCL $0.49
UXRP No data
Last payment
BTCL $0.49
UXRP $0.0019
Ex-dividend
BTCL Dec 24, 2025
UXRP Dec 24, 2025
Paid on
BTCL No data
UXRP Dec 31, 2025
Frequency
BTCL Annual
UXRP Irregular

Distribution history

Per share, 2024 to 2026, same scale for both

BTCLAnnual · 2 paymentsAll BTCL payments⁠
One bar per payment. 2 payments from 2024 to 2026 YTD. Dec 24, 2024 $2.12; Dec 24, 2025 $0.49. Use the arrow keys to read each point.$0$22026YTD
UXRPIrregular · 1 paymentAll UXRP payments⁠
One bar per payment. 1 payment from 2024 to 2026 YTD. Dec 24, 2025 $0.0019. Use the arrow keys to read each point.$0$22026YTD

BTCL vs UXRP Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
BTCL 96.6%since Aug 2024UXRP 93.0%since Aug 2025
Return per unit of riskSharpe ratio, 3 years
BTCL 0.13since Aug 2024UXRP −1.81since Aug 2025
Worst fallMax drawdown, 5 years
BTCL −84.0%since Jul 2024UXRP −96.9%since Jul 2025
Market sensitivityBeta, 5 years
BTCL 1.87UXRP 1.80

BTCL and UXRP in the news

All news⁠

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