Bearish
Citi Slashes Bitcoin and Ether 12-Month Targets Amidst Drying ETF Inflows
01.07.2026 16:51
Citi has significantly reduced its 12-month price targets for Bitcoin (BTC) and Ethereum (ETH), citing a sharp decline in inflows to spot exchange-traded funds (ETFs). The bank's analysts now project a more cautious outlook for the leading cryptocurrencies as investor demand for ETF products wanes. This revision reflects growing concerns over market liquidity and the sustainability of recent price rallies without strong institutional capital flows. The move comes as the broader crypto market faces headwinds from regulatory uncertainty and shifting macroeconomic conditions, prompting Citi to adjust its forecasts downward for both BTC and ETH.
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