Bitcoin ETF Inflows Strengthen as Citi Lifts BTC Target to $113K
- Bitcoin ETF inflows reached $2.65 billion during September.
- Citi raised its 12-month Bitcoin forecast to $113,000.
- Citi expects about $5 billion in crypto inflows over one year.
Bitcoin ETF inflows strengthened through September as institutional demand returned to digital assets. Citi raised its 12-month Bitcoin target to $113,000 from $82,000. The bank also lifted its Ether forecast to $3,028 from $2,240. Citi cited improving market activity, ETF demand and a more supportive macroeconomic environment.
Bitcoin ETF Inflows Return as Citi Raises Crypto Forecasts
U.S. spot Bitcoin ETFs attracted $2.65 billion during September, according to SoSoValue data. The total marked their second-largest monthly inflow since October 2025.
Bitcoin ETF inflows fell short of August’s $3.52 billion but rebounded sharply from earlier outflows. Year-to-date flows had returned to roughly $800 million positive by late September.
The funds also drew $2.39 billion between September 21 and September 25. BlackRock’s IBIT led with $1.16 billion during that week.
According to Reuters, Citi now expects about $5 billion in crypto inflows over the next 12 months. The bank sees advisers and brokerages gradually increasing allocations rather than returning to earlier rapid inflow rates.
Bitcoin ETF Inflows Stay Positive as BTC Approaches $87K
Bitcoin ETF inflows continued into October, with funds adding $102.7 million on October 1. Ether ETFs instead recorded $55.4 million in outflows that day.
Bitcoin climbed 3.1% to about $86,626, while Ether rose 1% to around $2,735. Bitcoin also gained roughly 43% during Q3.
Citi linked stronger crypto activity partly to larger U.S. Treasury buybacks of longer-dated debt. The bank said those moves helped weaken the dollar and improve market momentum.
Bitcoin ETF inflows also accelerated after the Treasury expanded buybacks in August, reaching roughly $5.3 billion afterwards.
Regulatory uncertainty remains after the Senate failed to advance the CLARITY Act on September 15. However, Citi pointed to subsequent SEC actions as reducing some negative sentiment.
Technical traders are also watching Bitcoin’s longer-term moving averages. One market analyst highlighted the 365-day average near $89,300 as a possible next resistance area.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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