SEC Proposes Self-Custody Rules for Crypto as Citi Lifts Bitcoin Target to $113K
- —SEC proposes letting advisers and funds self-custody BTC and other crypto assets
- —Citi lifts BTC forecast from $82,000 to $113,000, ETH target to $3,028 by autumn 2027
- —Bitcoin ETFs saw $102M inflow Thursday; Ethereum ETFs posted $55M outflow
- —AAVE gained 10%, QNT fell 15% after a 300% monthly rally
Why it matters: SEC self-custody rules would ease institutional crypto investment and reduce the industry's reliance on the stalled CLARITY Act.
Source: Block-Builders