Citi Sets $113K Bitcoin Price Target, Expects $5 Billion in Crypto ETF Inflows
Citi projects $5 billion in cryptocurrency investment product inflows over the next 12 months as advisors gradually increase allocations. Its revised outlook puts bitcoin at $113,000 and ether at $3,028, supported by stronger activity and economic conditions. Citi Raises Crypto Targets as Its Inflow Assumption Turns Positive Citi’s higher 12-month cryptocurrency price forecasts point […]
Key Takeaways
- Citi projects $5 billion in cryptocurrency investment product inflows over the next 12 months as advisors gradually increase allocations.
- Its revised outlook puts bitcoin at $113,000 and ether at $3,028, supported by stronger activity and economic conditions.
- Citi Raises Crypto Targets as Its Inflow Assumption Turns Positive Citi’s higher 12-month cryptocurrency price forecasts point […]
Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
More in Web3
Trump Meme Coin Gala Returns With 185 Seats, VIP Gold Watches
The TRUMP meme coin team is putting another dinner with President Donald Trump on the leaderboard. The top 185 token holders qualify for an exclusive Nov. 22 gala, the top 29 of them get VIP treatment, and the top four can walk away with 18-karat…
Bitcoin ETFs are $5 billion away from a new flow record after a brutal 11-month reset
September 30’s concentrated withdrawal leaves subsequent fund flows and spot prices to test whether redemptions persist. The post Bitcoin ETFs are $5 billion away from a new flow record after a brutal 11-month reset appeared first on CryptoSlate.
The 'Largest Pure-Play' XRP Treasury Is About to Go Public
Shareholders approved Evernorth's merger with Armada Acquisition Corp. II, clearing the way for the Ripple-backed firm to begin trading Oct. 8 with a stash of roughly 473 million XRP.