In a keynote address at Bitcoin 2026 in Las Vegas, Eric Trump expressed his optimism about bitcoin's current state, asserting that its best period is already underway. As the co-founder and chief strategy officer of American Bitcoin, Trump attributed the significant progress made by bitcoin over the last six months to the convergence of mainstream financial access, corporate treasury adoption, and institutional investment.
According to Trump, the advancements made by bitcoin in the past six months surpass those of the preceding three years, marking a transformative period for the cryptocurrency. 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 attitude towards bitcoin. He noted that the limited supply of bitcoin, coupled with increasing demand from both institutional investors and sovereign governments, is leading to a structural compression of the market.
Bloomberg's senior ETF analyst, Eric Balchunas, who moderated the discussion, highlighted the impact of this shift on the ETF market, where bitcoin ETFs have become one of the most successful product launches in the history of the instrument, thereby democratizing access to bitcoin for individual investors. Trump expressed his confidence in bitcoin's long-term prospects, stating that he is willing to withstand market volatility and anticipates that the true winners will emerge over a period of 10 years.