Key Highlights Citigroup raised its 12-month bitcoin forecast from $82,000 to $113,000 and its ether forecast from $2,240 to $3,028. Citi expects gradual cryptocurrency ETF adoption to generate $5 billion in inflows over the next 12 months. U.S. spot bitcoin ETF flows have shifted from $5.8 billion in year-to-date net outflows as of July 13 ...
Key Highlights: Corporate treasuries hold ~1.22 million BTC with an average cost basis of $80.5K, leaving them ~6% underwater at current prices. Strategy (formerly MicroStrategy) dominates with ~845,050 BTC; Tokyo-listed Metaplanet ranks among the next-largest holders. U.S. spot Bitcoin ETFs have drawn billions since August but remain ~$1 billion negative year-to-date, while the Coinbase premium ...
Bitcoin’s August rally is facing a tougher test as investors assess whether sustained spot exchange-traded fund (ETF) demand can offset rising expectations of a September…