ETF outflows persist as CPI tests crypto markets

Coverage estimates $1.65B in combined BTC/ETH ETF outflows for Nov. 2–6, with withdrawals concentrated in BlackRock products. A new report cites seven consecutive IBIT outflow sessions and a $213M BlackRock BTC ETF outflow; competing corporate and miner flows, plus CPI, mean traders should look for price confirmation rather than treat flows as a standalone direction signal.