Crypto news, 12 November 2026: bitcoin ETFs post a fifth day of outflows, Thailand proposes a stablecoin cap and OKXICE sets the date for tokenized stocks

Thursday, 12 November 2026. According to CoinGecko, at around 18:20 Swiss time bitcoin trades at about 71,625 dollars (-3.9% over 24 hours) and ether at about 2,004 dollars (-4.2%).

Markets: bitcoin falls together with tech stocks

In the morning CoinDesk had bitcoin at around 73,400 dollars, down 0.7% since midnight UTC, in step with a selloff in technology stocks. Nvidia shares were down about 7% before the open after press reports that the board may remove chief executive Jensen Huang; the company has not announced a decision. Over the previous 24 hours, crypto futures liquidations fell 63.7% to 263.7 million dollars. According to CME FedWatch, as cited by CoinDesk, the market prices about a 90% chance of a Federal Reserve rate hike at the 8–9 December meeting.

ETFs: fifth straight negative session for bitcoin funds

According to Farside Investors, US spot bitcoin ETFs recorded net outflows of 299.8 million dollars on Wednesday, 11 November: BlackRock's IBIT lost 269.7 million, its ninth consecutive session of redemptions, and Grayscale's GBTC 39.1 million, while Morgan Stanley's MSBT took in 9.0 million. From 5 to 11 November outflows add up to 1,437.9 million. Ether ETFs lost 144.8 million, of which 129.8 million from ETHA. From 30 October to 11 November the balance stands at -2,520.7 million for bitcoin and -851.6 million for ether.

Stablecoins: Thailand proposes a daily transfer cap

Thailand's Securities and Exchange Commission has proposed capping both stablecoin deposits and withdrawals at 5 million baht (about 148,000 dollars) per customer per day at each regulated operator. The regulator says the rules aim to curb money laundering, cybercrime and attempts to bypass cross-border transfer rules. The draft bars transfers to and from third-party wallets, requires the Travel Rule and blockchain analytics, and asks exchanges to name their market makers; certain off-platform trades would face a 3 million baht minimum. It follows a consultation held in September.

Tokenization: OKXICE starts tokenized stocks on 23 November

OKXICE, the joint venture between the exchange OKX and Intercontinental Exchange, parent of the New York Stock Exchange, will launch a platform for round-the-clock trading of tokenized US securities for eligible US customers on 23 November. According to Reuters, the initial offer includes more than 70 assets, among them tokenized shares of Coinbase, Circle and Robinhood and 59 Direxion ETFs. The platform operates under the SEC's temporary Innovation Exemption; according to Cointelegraph, 67 companies, including JPMorgan Chase and Coca-Cola, objected to having their shares listed.

EU: the debate on DeFi oversight

Roeland Van der Stappen, Coinbase's head of EU policy, warned that tighter rules on decentralised finance could push users towards platforms with fewer protections if regulated providers cut back access to DeFi. In its September response to the European Commission's consultation on MiCA, ESMA had recommended a new category of regulated services for firms that give customers access to DeFi protocols.

Sources

• CoinDesk, markets on 12.11.2026: https://www.coindesk.com/markets/2026/11/12/bitcoin-dips-with-nvidia-as-etf-outflows-reach-day-five
• CoinGecko, bitcoin price: https://www.coingecko.com/en/coins/bitcoin
• Farside Investors, bitcoin ETF flows: https://farside.co.uk/btc/
• Farside Investors, ether ETF flows: https://farside.co.uk/eth/
• Cointelegraph, Thailand proposes a stablecoin cap: https://cointelegraph.com/news/thailand-tighter-stablecoin-rules-crypto-exchange
• Reuters via Investing.com, OKXICE and tokenized securities: https://www.investing.com/news/stock-market-news/okxice-to-launch-247-trading-in-tokenized-us-securities-5018819
• Cointelegraph, crypto news on 12.11.2026: https://cointelegraph.com/news/what-happened-in-crypto-today