Ethereum sees price upgrade as Citigroup downgrades Bitcoin projections

Citigroup raised its year-end outlook for Ether from $4,300 to $4,500, citing the increased inflow into ETFs and digital asset ￰0￱ investment bank also lowered its Bitcoin forecast from $135,000 to $133,000, citing macro factors, such as weaker gold prices and a stronger ￰1￱ the time of publication, Ethereum was trading at $4,376.55, representing a 5.36% increase for the ￰2￱ has also increased by more than 72% in the past 12 ￰3￱ is trading at $118,480, a 3.21% surge in the last 24 ￰4￱ is also up 92% in the last 12 ￰5￱ says ETF inflow fuels Ethereum’s momentum Citigroup attributed the growth to Layer-2s, noting that only 30% have passed through Ethereum’s base layer, which has left prices above model ￰6￱ analysts also noted that the overvaluation could be attributed to strong inflows and the excitement surrounding stablecoins and ￰7￱ analysts also predict that a bull run could push the ETH price above $6,400.

They argued that selling pressure amid strong profit booking for Ethereum caused the drop from $4,700 to $4,500. Citigroup also attributed the growth of ETH to the sustained capital flows into U. S.-based spot Ethereum exchange-traded funds (ETFs) this year. On-chain data shows that ETH ETFs have attracted nearly $14 billion in net inflows to ￰8￱ data also shows that ETH spot ETFs recorded a cumulative inflow of $755.22 million in the past ￰9￱ month also started with $80 million flowing into Ethereum funds, with September recording roughly $285.74 million in ￰10￱ data revealed that Bitcoin ETFs have attracted more than $58.4 billion in inflows to ￰11￱ funds also finished Q3 with $7.8 billion in fresh inflows, accumulating $21.5 billion in 2025 ￰12￱ ETFs await SEC approval to include staking provisions 10x Research’s head of research, Markus Thielen, argued that staking approval for U.

S.-listed ETH funds could bring huge inflows of institutional money into Ethereum, and possibly outpace Bitcoin ￰13￱ ETF analyst James Seyfatt predicted that staking on Ethereum funds will be approved by at least the fourth quarter of ￰14￱ CEO, Hunter Horsley, told reporters at Token2049 in Singapore on Thursday that Solana’s staking capabilities may give it an advantage over Ethereum in the race for staking ￰15￱ noted that ETH’s staking queue recently reached new highs, while Solana’s clears ￰16￱ believes that the difference is crucial for issuers whose goal is to return assets to investors quickly. “It’s a huge ￰17￱ ETFs need to be able to return assets in a very short time ￰18￱ this is a huge challenge.” -Hunter Horsley, CEO of ￰19￱ argued that Ethereum funds can adopt Bitwise’s initiative of using a credit facility to maintain liquidity for redemptions at its Ethereum staking exchange-traded product (ETP) in ￰20￱ also warned that such facilities come at a cost and have capacity ￰21￱ and Solana funds are awaiting approval from the ￰22￱ and Exchange Commission to include staking features in the coming ￰23￱ including Bitwise, Fidelity, Franklin Templeton, CoinShares, Grayscale Investments, Canary Capital, and VanEck have all filed amended S-1 documents with the agency to update their existing funds’ staking provisions.

On-chain data revealed that Ethereum treasuries control 3.5% of all Ether, while Bitcoin treasuries hold 3.4% of the network’s total ￰24￱ research associate at Bitwise, Max Shannon, stated that the percentage of supply accumulated by Ethereum treasuries continues to outpace that of Bitcoin in the short ￰25￱ ETH Reserve shows that 71 firms now hold $22 billion in ￰26￱ Treasuries data revealed that about 184 public firms hold over 1 million Bitcoin worth around $116 ￰27￱ Bybit now and claim a $50 bonus in minutes