In Las Vegas, Eric Trump addressed the audience at Bitcoin 2026, stating that bitcoin's peak is not on the horizon, but rather it is currently undergoing its most substantial period. As the co-founder and chief strategy officer of American Bitcoin, Trump emphasized that the combination of mainstream financial accessibility, corporate treasury adoption, and institutional investment has propelled bitcoin into its most crucial phase to date.
Trump stated, "The progress bitcoin has made in the last six months, compared to the preceding three years, is truly revolutionary." He added, "We are witnessing the most exceptional period I have ever seen." Trump cited the fact that major banks are now providing bitcoin-backed mortgages and custody services as evidence of a significant shift in Wall Street's attitude. "Investors are choosing to hold onto bitcoin rather than sell, which is making the asset more stable," Trump explained, also noting that the limited supply and increasing demand from institutions and governments are structurally changing the market.
Eric Balchunas, a senior ETF analyst at Bloomberg and the moderator, discussed this shift in the context of the ETF market, pointing out that bitcoin ETFs have been among the most successful product launches in the history of the instrument, thereby providing everyday investors with access that was previously only available to institutions. "I am willing to tolerate the volatility," Trump said. "Only time will tell who emerges victorious over the next decade."