Citi Just Flipped the Script on Crypto’s Power Duo—And Ether Is the New Favorite
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Wall Street just signaled a seismic shift in how institutional money views cryptocurrency. Citigroup raised its year-end outlook for ether while trimming its bitcoin forecast on Oct. 2, marking a potential inflection point in the ongoing debate over which digital asset deserves primacy in investor portfolios.
The move reflects a fundamental recalibration happening across financial markets: investors are increasingly favoring yield-generating assets over pure price appreciation plays, according to Reuters. For ether, that means its ability to generate returns through staking and decentralized finance platforms is finally…