Bitcoin is showing the potential for a significant recovery, driven by recent ETF activities and price stabilization. According to SoSoValue, the Hong Kong Bitcoin Spot ETF saw a net redemption of 519.5 Bitcoins on May 13, bringing the total number of Bitcoins held to 3,560. This ETF has experienced net redemptions for three consecutive days, with a single-day turnover of $4.25 million and total net assets of $219 million. Meanwhile, the HK ETH Spot ETF holds 13,350 ETH.
Bitcoin (BTC) Could Be on Verge of Surprising Comeback
