In a keynote address at Bitcoin 2026 in Las Vegas, Eric Trump asserted that bitcoin has reached its peak, with its best days already unfolding. As the co-founder and chief strategy officer of American Bitcoin, Trump attributed this phenomenon to the convergence of mainstream financial access, corporate treasury adoption, and institutional investment. He stated, "The progress bitcoin has made in the last six months, compared to the preceding three years, is truly transformative.
We are currently witnessing the most exceptional period bitcoin has ever seen." Trump cited the increasing involvement of major banks in offering bitcoin-backed mortgages and custody services as evidence of a significant shift in Wall Street's attitude towards the cryptocurrency. "Instead of selling, people are choosing to hold onto bitcoin, which is becoming increasingly popular," Trump noted, highlighting the impact of limited supply and rising demand from both institutions and governments on the market.
During the discussion, moderator Eric Balchunas, a senior ETF analyst at Bloomberg, highlighted the role of bitcoin ETFs in broadening access to the cryptocurrency for individual investors, much like institutions. Trump expressed his confidence in the cryptocurrency's long-term prospects, saying, "I am willing to withstand the volatility, and only time will tell who emerges victorious over the next decade."