Las Vegas — Eric Trump addressed the audience at Bitcoin 2026, conveying his belief that bitcoin's peak period has already begun. As the co-founder and chief strategy officer of American Bitcoin, Trump highlighted the pivotal moment bitcoin has reached due to the convergence of mainstream financial access, corporate treasuries, and institutional adoption. "The progress bitcoin has made in the last six months, compared to the preceding three years, is truly transformative," Trump stated.
"We are currently experiencing the most remarkable period I have ever witnessed." Trump cited the recent involvement of major banks in offering bitcoin-backed mortgages and custody services as evidence of a significant shift in Wall Street's stance. "Investors are choosing to hold onto bitcoin rather than sell, which indicates that the asset is gaining traction," Trump added, noting that the limited supply and increasing demand from institutions and governments are structurally altering the market. Eric Balchunas, Bloomberg's senior ETF analyst and the event's moderator, discussed the impact of this shift within the context of the ETF market. He observed that bitcoin ETFs have been among the most successful product launches in the history of the instrument, thereby expanding access for individual investors and bridging the gap with institutional investors.
"I am willing to withstand the market fluctuations," Trump said. "Only time will tell who emerges victorious over the next decade."