Crypto news, 3 November 2026: ETF outflows, US equity perpetuals, a Swiss franc stablecoin and a suspected 133 million theft
Bitcoin ETFs lose 398.6 million in a second session of outflows, the CFTC opens the door to perpetual futures on single stocks, Safirum launches the CHF-S stablecoin, Swiss crypto AEOI waits until 2027 and Kraken restricts accounts tied to a suspected theft.
Tuesday, 3 November 2026. We gather the relevant facts of the last 24 hours, each checked against a primary or reliable source. The day brings further ETF outflows, a CFTC decision on derivatives, two Swiss developments and a suspected theft involving several exchanges.
Bitcoin ETFs post a second session of outflows
According to Farside Investors, US spot bitcoin ETFs recorded net outflows of 398.6 million dollars on Monday, 2 November. Almost all of it came from BlackRock's IBIT (−405.3 million), while Fidelity's FBTC took in 6.7 million and the other funds reported no flows. Together with Friday's 643.2 million, the last two sessions add up to −1,041.8 million. Ether ETFs lost 139.7 million, their sixth negative session in a row.
At Binance, cumulative net outflows since the attack have risen to 5.28 billion dollars, according to data shared by CEO Richard Teng and reported by CoinDesk. By 4:00 this morning (Zurich time), however, hourly deposits exceeded withdrawals by about 10 million.
According to CoinGecko, checked today at 18:10 (Zurich time), bitcoin trades around 77,700 dollars, about 63,800 Swiss francs (+0.5% over 24 hours). Ether is near 2,296 dollars (+1.4%).
United States: the CFTC opens the door to perpetual futures on single stocks
CFTC Chairman Michael Selig announced that perpetual futures contracts on individual equity securities ("Equity Perps") can trade for the first time on CFTC-registered exchanges. The contracts were deemed approved under Regulation 40.3 as security futures products under the Commodity Futures Modernization Act of 2000, so they fall under the rules of both the CFTC and the SEC. They may only list on venues that are also notice-registered with the SEC for security futures. Perpetuals, which have no expiry and often use leverage, are mostly found on crypto platforms. The statement names no exchanges, stocks or launch dates.
Switzerland: Safirum launches the CHF-S franc stablecoin
Zug-based fintech Safirum presented CHF-S, a Swiss franc stablecoin on Solana, in Zurich today. According to finews, it is the first public implementation within FINMA's guidance on stablecoins: only identified wallets cleared under anti-money laundering rules may hold it, and issuance is reserved for institutional investors with a professional treasury. Safirum has joined the self-regulatory organisation VQF. The token is fully backed by accounts at Berner Kantonalbank and Banque Richelieu, and the first minter is securities firm Maverix.
Switzerland: automatic exchange of crypto information not before 2027
The State Secretariat for International Finance (SIF) published an updated page on the automatic exchange of information on crypto assets on Monday. The Federal Council is expected to approve the partner jurisdictions at the end of November 2026 and then notify the OECD. As a result, the exchange can start on 1 January 2027 at the earliest, and the legal basis will not apply in 2026.
Security: Kraken restricts accounts tied to a suspected 133 million theft
Investigator ZachXBT raised his estimate of a suspected theft from an unidentified European Union entity to more than 133 million dollars after finding another 27 million in withdrawals. According to Bitquery, the funds left accounts at Kraken, Crypto.com and OKX, and about 62.98 million in stablecoins was converted into 27,553 ETH in roughly four hours. Kraken has restricted the accounts concerned and is working with law enforcement, stating that the incident did not originate on its platform and that no customer accounts were taken over. Crypto.com blocked related funds, and OKX is looking into the matter. The victim's identity is unconfirmed.
Sources
- Farside Investors, bitcoin ETF flows: https://farside.co.uk/btc/
- Farside Investors, ether ETF flows: https://farside.co.uk/eth/
- CoinDesk, Binance net outflows: https://www.coindesk.com/business/2026/11/03/binance-net-outflows-reach-usd5-3b-after-record-hack-though-ceo-cites-recovery
- CFTC, statement by Michael Selig on Equity Perps: https://www.cftc.gov/PressRoom/SpeechesTestimony/seligstatement110326
- CoinDesk, perpetual futures on stocks: https://www.coindesk.com/policy/2026/11/03/cftc-clears-perpetual-futures-on-stocks-bringing-crypto-trading-model-to-wall-street
- finews, launch of CHF-S: https://www.finews.com/news/english-news/74312-new-swiss-franc-stablecoin-safirum-bastien-thiebaud-maverix-giuliano-glocker
- SIF, automatic exchange of information on crypto assets: https://www.sif.admin.ch/en/framework-for-the-automatic-exchange-of-information-aeoi-on-crypto-assets
- Cointelegraph, Kraken and the suspected theft: https://cointelegraph.com/news/zachxbt-eu-crypto-theft-133m-alleged-cover-up
- Ledger Insights, analysis of the withdrawals: https://www.ledgerinsights.com/eu-institutions-suspected-133m-theft-was-via-ordinary-exchange-withdrawals-mostly-at-kraken/
- CoinGecko, prices checked on 3 November 2026 at 18:10: https://www.coingecko.com/en/coins/bitcoin
