Citi Raises Bitcoin Target to $113K Amid NEAR ETF Launch and Security Exploits

Key Facts

1Citigroup raised its 12-month Bitcoin price target to $113,000.

2Citi projects $5 billion in crypto fund inflows.

3Zano rewound its blockchain by 30 days following $200 million in illicit token minting.

Citigroup raised its 12-month Bitcoin price target to $113,000, according to Bitcoin.com. The bank also projected $5 billion in crypto fund inflows, citing gradual allocation increases by advisors and favorable macroeconomic activity.

Citigroup (C) closed at $128.5 on October 2, 2026, while peer institutions BAC and JPM closed at $53.75 and $332.38 respectively on the same date. Alongside these institutional forecasts, the market saw the launch of NEAR ETFs, though security concerns emerged as Zano rewound its blockchain by 30 days following $200 million in illicit token minting.