Las Vegas — Eric Trump addressed the audience at Bitcoin 2026, conveying his belief that bitcoin's peak has already been reached. As the co-founder and chief strategy officer of American Bitcoin, Trump asserted that the combination of mainstream financial accessibility, corporate treasury adoption, and institutional investment has culminated in the most crucial moment for bitcoin to date. "The progress bitcoin has made in the last six months surpasses its achievements over the preceding three years, marking a transformative period," Trump stated.
"We are currently experiencing the most remarkable era I have ever witnessed." Trump cited the introduction of bitcoin-backed mortgages and custody services by major banks as evidence of a significant shift in Wall Street's stance. "Instead of selling, people are choosing to hold onto bitcoin, making it an increasingly stable asset," Trump noted, adding that the limited supply and growing demand from both institutions and governments are structurally altering the market.
Eric Balchunas, Bloomberg's senior ETF analyst and the moderator, discussed this shift in the context of the ETF market, highlighting the immense success of bitcoin ETFs as one of the most successful product launches in the history of the instrument, thereby expanding access for individual investors. "I am prepared to withstand the market fluctuations," Trump said. "Only time will tell who emerges victorious over the next decade."