Data from Farside Investors shows that U.S. spot Bitcoin ETFs saw net outflows of $1.282 billion between November 2 and 6, with BlackRock’s IBIT accounting for 94%. IBIT saw net outflows of $1.21 billion, while Fidelity’s FBTC recorded net inflows of $93 million. The remaining funds had combined net outflows of $72 million, indicating that demand was unevenly distributed and that not all funds saw withdrawals. Flow data cannot determine how much Bitcoin was sold on the open market, nor prove that BlackRock adopted a bearish allocation. The October Consumer Price Index, due to be released Tuesday, will provide a reference point for comparing ETF demand thereafter.