Citi Raises Crypto Price Targets to $113K BTC, $3K ETH Amid ETF Inflow Surge

Citigroup (Citi) has raised its price targets for Bitcoin and Ethereum, citing stronger market activity, improved macroeconomic conditions, and a return of exchange-traded fund inflows. The new forecasts see Bitcoin reaching $113,000 in the next year, a 38% increase from Citi's previous target of $82,000.

The firm has been revising its crypto price targets throughout 2026, initially setting a high of $143,000 for Bitcoin before reducing it to $112,000 and then further to $82,000. Despite the latest adjustment, the new target remains below Bitcoin's record high of over $126,000 set in October 2025.

Citi attributes its updated targets to the recent resurgence of institutional demand for crypto ETFs, with an expected $5 billion influx over the next 12 months. This is a significant factor in Citi's outlook, as spot U.S. BTC ETFs have recorded $875.91 million in net inflows so far this year.

The Clarity Act, which stalled in the Senate Banking Committee last month, has had some impact on market sentiment but does not seem to have significantly altered Citi's overall regulatory expectations. The firm views it as a setback that narrowed the path towards a broader crypto market-structure bill.