In a keynote speech at Bitcoin 2026 in Las Vegas, Eric Trump, co-founder and chief strategy officer of American Bitcoin, expressed his optimism about the current state of bitcoin, stating that its best period is now. He emphasized that the combination of institutional investment, corporate treasury adoption, and increased mainstream financial access has marked a significant turning point for the asset.
Trump noted, "The progress bitcoin has made in the last six months, compared to the preceding three years, is truly transformative. We are currently experiencing the most remarkable period I have ever witnessed." As evidence of a shift in Wall Street's attitude towards bitcoin, Trump cited the growing trend of major banks offering bitcoin-backed mortgages and custody services. He observed, "Investors are choosing to hold onto bitcoin rather than selling it, which is a clear indication that the asset is gaining traction. The limited supply of bitcoin, coupled with increasing demand from institutions and governments, is structurally altering the market." Eric Balchunas, senior ETF analyst at Bloomberg, who moderated the discussion, viewed this shift through the lens of the ETF market.
He pointed out that bitcoin ETFs have been among the most successful product launches in the history of the instrument, thereby democratizing access to bitcoin for individual investors. Trump expressed his confidence in the long-term prospects of bitcoin, saying, "I am willing to withstand the volatility. Only time will tell who emerges victorious over the next decade."