In Las Vegas, Eric Trump addressed the audience at Bitcoin 2026, conveying that bitcoin's most remarkable phase is currently underway. As the co-founder and chief strategy officer of American Bitcoin, Trump highlighted the pivotal role of the past six months, marked by the convergence of mainstream financial access, corporate treasury adoption, and institutional investment.
"The progress bitcoin has made in the last six months, compared to the preceding three years, is truly groundbreaking," Trump stated. "We are experiencing the most exceptional period I've ever witnessed." Trump cited the recent introduction of bitcoin-backed mortgages and custody services by major banks as a testament to the shifting landscape on Wall Street. "Investors are choosing to hold onto bitcoin rather than sell, which is making the asset more stable," Trump observed, also noting that the limited supply and increasing demand from institutions and governments are structurally altering the market.
Eric Balchunas, Bloomberg's senior ETF analyst and the event's moderator, discussed this transformation within the context of the ETF market. He pointed out that bitcoin ETFs have been among the most successful launches in the history of the instrument, thereby expanding access to everyday investors and bridging the gap previously reserved for institutions. "I am prepared to withstand the market fluctuations," Trump said. "Only time will tell who emerges victorious in the long run."