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 already underway. He attributed this to the convergence of institutional investment, corporate treasury adoption, and increased mainstream financial access.
Trump described the last six months as a transformative period for bitcoin, surpassing its progress over the previous three years. He noted that major banks are now offering bitcoin-backed mortgages and custody services, indicating a significant shift in Wall Street's attitude towards the cryptocurrency.
According to Trump, the limited supply of bitcoin, combined with growing demand from institutions and governments, is structurally compressing the market. He also emphasized that people are holding onto their bitcoin, rather than selling it, which is contributing to its growing value. In a discussion moderated by Eric Balchunas, a senior ETF analyst at Bloomberg, Trump highlighted the success of bitcoin ETFs in democratizing access to the cryptocurrency for everyday investors. Despite anticipating volatility, Trump expressed his confidence in bitcoin's long-term prospects, stating that he is willing to ride out market fluctuations to see who emerges victorious in the next decade.