In a keynote speech 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, asserting that its best period is not forthcoming, but rather is already underway. Trump attributed this milestone to the convergence of mainstream financial access, corporate treasuries, and institutional adoption, which has culminated in bitcoin's most pivotal moment thus far.
"The progress bitcoin has made over the last six months is a game-changer compared to the preceding three years," Trump stated. "We are currently in the most exceptional period I have ever witnessed." As evidence of a significant shift on Wall Street, Trump cited major banks now offering bitcoin-backed mortgages and custody services. "Investors are choosing to hold onto bitcoin rather than selling it, which is a clear indication that the asset is gaining traction," Trump added, highlighting that the limited supply and increasing demand from both institutions and governments are structurally altering the market. Eric Balchunas, Bloomberg's senior ETF analyst and the event's moderator, discussed this shift in the context of the ETF market, noting that bitcoin ETFs have been among the most successful product launches in the history of the instrument, thereby democratizing access to bitcoin for individual investors.
"I am willing to withstand the volatility," Trump said. "Only time will tell who emerges victorious in the long run."