Bitcoin Slips to $73.6K as $2.9B ETF Outflows Fuel Extreme Fear

Bitcoin trades near $73,630 at period-end amid $2.90 billion in ETF outflows since May 15 and a Crypto Fear & Greed Index reading of 23. The two-week arc began with rapid institutional accumulation via Morgan Stanley’s new MSBT trust, which reached 3,472 BTC and roughly $300 million in assets within six weeks, while total spot-Bitcoin ETF inflows hit $57.29 billion. Late-May developments brought CME’s shift to near-continuous 24/7 futures trading and pro-crypto policy signals, yet weekly outflows exceeded $1.15 billion, geopolitical tensions resurfaced, and Swan Bitcoin’s CEO lowered odds of a 2026 all-time high to 20–25%.