Bitcoin price target raised to $113,000, Citigroup raised its 12-month bitcoin forecast from $82,000 and raised its 12-month ether forecast to $3,028 from $2,240. The updated targets represent increases of about 35% for bitcoin and about 12% for ether, and Citigroup forecasts $5 billion of ETF inflows into products over the next 12 months. These figures are Citigroup’s revised 12-month forecasts.
U.S. spot bitcoin ETFs recorded net outflows totaling $5.8 billion year-to-date as of July 13, and these outflows were followed by net inflows of $800 million in late September 2026. The two reported flow figures indicate a move from sustained net redemptions earlier in the year to positive net buying by late September 2026.
Citigroup also forecasts $5 billion of ETF inflows into products over the next 12 months, presenting that forecast in the context of the recent sequential change in ETF flows. These reported numbers together document the documented shift in ETF flows during 2026 and are cited alongside Citigroup’s inflow forecast in the same coverage.
The U.S. Senate failed to advance the Clarity Act in mid-September, an event that is identified as a political development affecting crypto market sentiment. SEC rule announcements in the period that followed are reported to have dampened sentiment further, with both items presented together as regulatory and legislative headwinds. These two developments are described in sequence, with the Senate outcome occurring in mid-September and the SEC announcements coming subsequently. The coverage lists these political and regulatory occurrences as negative influences on market mood without additional context beyond their timing and reported impact.
Bitcoin gained more than 10% by the end of September after the Clarity Act’s rejection, a price movement noted in the same reporting of political events. Separately, the U.S. Treasury moved to buy back longer-dated bonds, an action reported as having revived momentum across the crypto market. That Treasury buyback is described as helping the market break out of a months-long slump, and the two macroeconomic items are presented alongside the political developments. The narrative records these specific events and their stated market effects without further elaboration.
Citigroup has raised its 12-month price targets for Bitcoin and for Ether, and its updated forecasts are presented alongside expectations of renewed ETF inflows and recent shifts in market flows.
These forecasts are discussed in the context of resumed ETF inflows and the political and macroeconomic developments that affected market sentiment over the period, providing a concise statement of the factors Citi cited as shaping near-term price outlooks.
