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. Trump attributed this to the convergence of mainstream financial access, corporate treasury adoption, and institutional investment, which has made the last six months a transformative period for bitcoin. "The progress bitcoin has made in the last six months is unparalleled compared to the previous three years," Trump stated.
"We are experiencing the most remarkable period I've ever witnessed." As evidence of Wall Street's shifting stance, Trump cited the fact that major banks are now offering bitcoin-backed mortgages and custody services. "Investors are choosing to hold onto bitcoin rather than sell, making it a more stable asset," Trump explained, adding that the limited supply and increasing demand from institutions and governments are structurally changing the market. Bloomberg's senior ETF analyst, Eric Balchunas, highlighted the significance of this shift in the context of the ETF market, noting that bitcoin ETFs have been among the most successful launches in the history of the instrument, providing everyday investors with access that was previously reserved for institutions.
When asked about the market's volatility, Trump expressed his willingness to ride it out, saying, "I'm confident that in the long term, the true value of bitcoin will prevail."