Citigroup has lifted its 12-month price targets for Bitcoin and Ethereum, pointing to stronger crypto-market activity, a supportive macroeconomic backdrop and renewed exchange-traded fund inflows. According to Decrypt, the bank now sees Bitcoin reaching $113,000, up from its previous target of $82,000, while its Ethereum forecast has risen to $3,028 from $2,240.
Both revised targets are roughly 35% higher than Citi’s earlier estimates. Based on the prices cited in the bank’s assessment, the new Bitcoin target implied about 35% upside from approximately $83,900, while Ethereum’s target represented around 12% upside from about $2,700.
A more measured inflow outlook
Citi expects approximately $5 billion to flow into crypto markets over the next 12 months. The bank said inflows could return at a slower but more consistent pace as financial advisers and brokerages gradually increase their allocations to Bitcoin.
The forecast would mark a notable change from the recent performance of spot Bitcoin ETFs. Those funds recorded a small net outflow over the 12 months through September, including six months of net withdrawals. June alone saw $4.51 billion leave the products, according to SoSoValue. Across 2026, spot Bitcoin ETFs had attracted $880 million, compared with $21.37 billion during 2025.
The available summary of Citi’s note does not make clear whether its $5 billion estimate applies only to spot Bitcoin ETFs or to crypto investment products more broadly.
Targets remain below Bitcoin’s record
Citi’s revised Bitcoin objective is still below the cryptocurrency’s previous all-time high. Bitcoin reached approximately $126,200 in October 2025, meaning the bank’s $113,000 target is about 10% under that peak.
The upgrade follows a strong three-month rebound. Citi said Bitcoin and Ethereum had risen close to 40% and 68%, respectively, over that period, reducing their losses for the year to roughly 4% for Bitcoin and 9% for Ethereum.
Spot Bitcoin ETFs subsequently recorded nine consecutive sessions of inflows, totaling about $3.08 billion from September 17. The week ending September 25 brought in $2.4 billion, the funds’ strongest weekly result since October 2025, returning them to positive territory for the year.
On regulation, Citi said the failure of the Clarity Act in the Senate last month had narrowed the path toward a market-structure bill. However, the bank also said announcements of rules by the Securities and Exchange Commission had helped ease negative sentiment.
Moneyiar market picture
Moneyiar data at 09:34 on October 3, 2026, showed Bitcoin at $84,582.72, down 2.03% over 24 hours but up 0.66% over seven days. Ethereum stood at $2,684.50 at 09:33, down 2.23% in 24 hours and up 0.13% over the week.
Among other tracked assets, Shiba Inu was priced at $0.0000056537, down 4.86% over 24 hours and 3.52% over seven days. Uniswap was at $9.2374, up 2.12% on the day but down 3.87% over the week.
