Citigroup raises 12-month bitcoin target to $113,000 as ETF inflows resume
Citigroup raised its 12-month bitcoin forecast to $113,000 from $82,000 and lifted its ether target to $3,028 from $2,240. The bank also expects about $5 billion of cryptocurrency investment inflows over the next year as advisers and brokerages increase bitcoin allocations gradually.
What this rests on
What it means
Each sentence links inside to the piece that supports it.
Tomorrow morning, advisers and brokerages that allocate into bitcoin will notice that Citigroup now expects those allocations to build gradually over the next year, alongside roughly $5 billion of crypto investment inflows. That framing points to a larger set of clients watching ETF-linked products and model portfolios, rather than a change limited to one market venue.
In practice, the forecast change means the bank is now using a higher 12-month bitcoin number than before and a higher ether target as well. What stays the same is that the expectation is still about a 12-month horizon and still centers on crypto investment products and allocations, not on any immediate rule change or trading restriction.
Market reaction
The move was larger before the first headline than after. That is an observation, not an explanation: the market also moves on things nobody publishes.
How the story was built
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Has this happened before?
| When | What happened | Figure |
|---|---|---|
| 17 days ago | Bitcoin ETF Inflows Continue with BTC Struggling to Break Above $84,000 event | 1 actors in common · 3 news media |
| 18 days ago | U.S. Bitcoin ETFs Post Strongest Weekly Inflows Since October 2025 event | 1 actors in common · 2 news media |
| 18 days ago | US crypto ETF inflows cool after $3.3B week but streaks hold event | 1 actors in common · 3 news media |
| 18 days ago | Ethereum Spot ETFs Draw $17.1M, Extending Seven-Day Inflow Streak event | 1 actors in common · 3 news media |
| 19 days ago | Bitcoin ETF Comeback: $2.4B Week Flips Year-to-Date Flows Positive event | 1 actors in common · 2 news media |
What could happen next
What the prediction markets currently price as likely. This is context, not a forecast of ours: there is money on it, and that is all we show.