Bitcoin (BTC) ETF Traders Buy the Dip in Largest Purchases Since BTC Traded at $70K

โ€œDigital asset investment products saw inflows totaling US$441m, with recent price weakness prompted by Mt Gox and the German Government selling pressure likely being seen as a buying opportunity,โ€ CoinShares said. โ€œHowever, volumes in Exchange Traded Products (ETPs) remained relatively low at US$7.9 billion for the week, reflecting the typical seasonal pattern of lower volumes in the summer months.โ€

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