Citi Raises Bitcoin Forecast to $113K as Crypto Inflows Surge

Bitcoin ETF inflows continued to attract significant investment in September, reaching $2.65 billion and marking their second-largest monthly inflow since October 2025.

Citi raised its 12-month Bitcoin forecast to $113,000 from $82,000, citing improving market activity, ETF demand, and a more supportive macroeconomic environment.

The bank also lifted its Ether forecast to $3,028 from $2,240, predicting about $5 billion in crypto inflows over the next 12 months as advisers and brokerages gradually increase allocations.