Citi updates its outlook for cryptocurrencies, cutting its price targets for both bitcoin and ether after spot exchange-traded fund (ETF) flows turn negative. Multiple reports say the change is tied to investors pulling money from these ETF products, which can reduce near-term demand signals for the underlying assets. The bank also reassesses the market outlook in light of the shift in inflows and the resulting impact on short-term price expectations.
The coverage is consistent in noting that the decision centers on the ETF flow reversal rather than a single new development specific to bitcoin or ether. While the articles differ in how they frame the broader market context, they converge on the core point: Citi lowers its forecasts as ETF inflows for bitcoin and ether no longer trend positive. The reports also indicate that Citi continues to monitor liquidity and investor positioning through ETF activity, using it as a gauge for sentiment and potential market momentum.
Overall, the reports describe a downward revision to Citi’s bitcoin and ether price outlook that is directly linked to negative spot ETF flows.
