In a keynote address 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 has already begun. Trump attributed this pivotal moment to the convergence of mainstream financial access, corporate treasury adoption, and institutional investment, which has collectively propelled bitcoin to unprecedented heights. "The progress bitcoin has made in the last six months is a game-changer compared to the previous three years," Trump stated.
"We are witnessing the most remarkable period in bitcoin's history." As evidence of a significant shift in Wall Street's stance on bitcoin, Trump cited the introduction of bitcoin-backed mortgages and custody services by major banks. "Investors are choosing to hold onto bitcoin rather than sell, which is a clear indication that it's gaining traction," he added. Trump also noted that the limited supply of bitcoin, coupled with increasing demand from institutions and governments, is structurally altering the market.
Eric Balchunas, a senior ETF analyst at Bloomberg, highlighted the impact of this shift on the ETF market, pointing out that bitcoin ETFs have been among the most successful launches in the history of the instrument, thereby expanding access to everyday investors. Trump expressed his willingness to withstand market fluctuations, saying, "I'm confident that, in the long run, the true value of bitcoin will prevail."