Toscale Digest: BTC ETF Outflows & CPI Data (6h)

Bitcoin reclaimed the $83,000 level as it decoupled from broader equity weakness in Korean chips and Nasdaq futures. The asset is positioning ahead of Thursday’s US CPI report, with Toscale tracking the interplay between macro data and crypto liquidity.

Institutional flows remain tight; BlackRock’s IBIT absorbed all $65.4 million in Monday’s spot Bitcoin ETF outflows while every other fund remained flat. Meanwhile, the Dogecoin (DOGE) spot ETF recorded zero inflows on every October trading day through October 12, signaling a lack of institutional entry for meme assets.

On-chain infrastructure saw Sei complete its mandatory v6.7 mainnet upgrade, which halves the WebSocket limit to 5MiB. This technical adjustment follows GitHub notes marking the release as compulsory for all node operators and validators.

Calendar — past:

RBA Meeting Minutes released at 00:30 UTC. German Harmonized CPI (YoY) matched the 3.3% forecast at 06:00 UTC, while MoM came in at 0.6% as expected.

Calendar — ahead:

ECB's Elderson speech at 07:15 UTC. Fed's Waller speech at 07:45 UTC. ECB's Escrivá speech at 08:05 UTC. Toobit to delist DOGEGOV at 08:00 UTC. Bybit to Delist 1 Token(s) at 12:00 UTC.

Market read: Bitcoin’s recovery above $83,000 suggests resilience despite the $65.4 million net outflow from BlackRock’s IBIT. The zero-inflow streak in Dogecoin ETFs highlights divergent institutional sentiment across assets. Traders are now focused on Thursday’s US CPI data, with early moves decoupling from traditional equity risks. Sei’s v6.7 upgrade may impact short-term liquidity dynamics for the network. Watch Fed and ECB speeches for further macro direction.