[Morning News Briefing] Bitcoin ETF weekly net outflow of $1.28 billion, etc.

U.S. spot bitcoin ETFs recorded $1.28 billion in net outflows during the week of Nov. 2–6, the largest weekly withdrawal since June and enough to flip 2026's cumulative flows negative, according to The Block. Farside Investors data showed BlackRock's IBIT accounted for roughly 98% of the outflows on Nov. 6 alone. Separately, Elliptic reported that roughly $175 million of assets stolen in the Binance hack appear to have been converted into about 2,300 BTC and moved to new addresses as of 5 p.m. KST on Nov. 7. The scale of the ETF redemptions matters because it signals weakening institutional demand and puts pressure on bitcoin's price support, while the hack-linked conversion bears watching for further selling or consolidation by the attacker.