Bitcoin ETF Volume Hits Lows as Citigroup Slashes Price Target
Bitcoin (BTC) exchange-traded fund (ETF) volume has reached its lowest point since October 2024, trading at around $8.05 billion for a five-session week.
This represents a 14% drop from the previous week's $9.37 billion in volume, raising concerns about investor interest in BTC.
Citigroup recently slashed its 12-month Bitcoin target to $82,000, citing negative ETF flows and stalled U.S. digital asset legislation.
However, not all analysts are bearish on the market. Bernstein still holds a $150,000 BTC target for end-2025, viewing the current slowdown as a 'short-term pause'.