CoinMeta data: According to Reuters, Citigroup ( Citi ) has raised its 12-month target for Bitcoin from $82,000 to $113,000, and also raised its target for Ethereum from $2,240 to $3,028. This adjustment is based on the recovery of capital inflows into exchange-traded funds ( ETF ) and supportive macroeconomic conditions. Citigroup expects $5 billion in capital inflows into products such as ETF over the next 12 months. Although the U.S. Senate was unable to advance the Clear Act, Citigroup stated that the rules announced subsequently by the U.S. Securities and Exchange Commission ( SEC ) alleviated negative market sentiment.