In a keynote address at Bitcoin 2026 in Las Vegas, Eric Trump, co-founder and chief strategy officer of American Bitcoin, asserted that bitcoin's current state is its most crucial phase to date. According to Trump, the recent convergence of mainstream financial access, corporate treasuries, and institutional adoption has propelled bitcoin into uncharted territory.
Trump stated, "The progress bitcoin has made in the last six months, compared to the preceding three years, is truly transformative. We are currently in the most remarkable period I have ever witnessed." Trump cited the growing involvement of major banks in offering bitcoin-backed mortgages and custody services as evidence of a significant shift in Wall Street's stance. He noted, "Investors are choosing to hold onto bitcoin rather than sell, which is making the asset more stable. The limited supply and increasing demand from institutions and governments are structurally altering the market." The event's moderator, Eric Balchunas, a senior ETF analyst at Bloomberg, highlighted the impact of this shift on the ETF market, where bitcoin ETFs have become one of the most successful product launches in history, providing everyday investors with access to the asset.
Trump expressed his confidence in bitcoin's long-term potential, saying, "I am willing to withstand the volatility. Only time will tell who emerges victorious in the next decade."