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, stating that its best period is already underway. He attributed this to the convergence of mainstream financial access, corporate treasuries, and institutional adoption. Trump noted that the progress made by bitcoin in the last six months surpasses its achievements over the previous three years, describing it as a 'transformational' change. He 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 stance towards the cryptocurrency.
According to Trump, the limited supply of bitcoin, coupled with increasing demand from institutions and governments, is leading to a structural compression in the market. Furthermore, he emphasized that investors are now holding onto bitcoin rather than selling it, making the asset 'sticky.' The event's moderator, Eric Balchunas, highlighted the impact of this shift on the ETF market, where bitcoin ETFs have become among the most successful product launches in history, thereby democratizing access to bitcoin for everyday investors.
Trump expressed his confidence in riding out market volatility, predicting that the true winners will be evident over a 10-year period.