Las Vegas — At the Bitcoin 2026 conference, Eric Trump, co-founder and chief strategy officer of American Bitcoin, expressed his optimism about the current state of bitcoin, stating that its best era has already begun. Trump highlighted the convergence of mainstream financial access, corporate adoption, and institutional investment as key factors contributing to bitcoin's success.
He noted that the past six months have been particularly significant, with major banks now offering bitcoin-backed mortgages and custody services, marking a substantial shift in Wall Street's attitude towards the asset. According to Trump, "The progress bitcoin has made in the last six months is unprecedented compared to the previous three years.
We are currently in the most remarkable period I've ever witnessed." Trump also pointed out that the limited supply of bitcoin, combined with increasing demand from institutions and governments, is structurally altering the market. "People are choosing to hold onto their bitcoin rather than selling it, which is a clear indication that the asset is gaining traction," he added.
The event's moderator, Eric Balchunas, a senior ETF analyst at Bloomberg, discussed the significance of this shift in the context of the ETF market. He noted that bitcoin ETFs have been among the most successful product launches in history, providing everyday investors with access to the asset that was previously reserved for institutions. When asked about the potential volatility of the market, Trump expressed his confidence in the long-term prospects of bitcoin, stating, "I'm willing to ride out the volatility.
Only time will tell who emerges victorious in the next decade."