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The firm expects roughly $5 billion of crypto ETF inflows over the next 12 months, driven by gradually higher allocations from advisers and brokerages.
Investing.com -- Citi set 12-month price targets of $181,000 for Bitcoin and $5,400 for Ether, and now expects modest upside into year-end, with forecasts of $132,000 and $4,500.
Bitcoin (BTC USD) price target: Citigroup has increased its 12-month Bitcoin price target from $82,000 to $113,000, reflecting stronger crypto market activity and a resurgence in ETF inflows. The bank anticipates $5 billion in crypto investment inflows over the next year as demand for Bitcoin and regulatory clarity…