Eric Trump addressed the audience at Bitcoin 2026 in Las Vegas, asserting that bitcoin is currently experiencing its most remarkable period. As the co-founder and chief strategy officer of American Bitcoin, Trump highlighted the substantial impact of institutional investment, corporate treasury adoption, and increased mainstream financial access on the asset's growth.
He stated, "The progress bitcoin has made in the last six months, compared to the preceding three years, is truly transformative. We are witnessing the most significant period in bitcoin's history." Trump cited the recent introduction of bitcoin-backed mortgages and custody services by major banks as evidence of a profound shift in Wall Street's attitude towards the asset.
"Instead of selling, people are now holding onto bitcoin, making it a more stable asset," Trump noted, attributing this trend to the limited supply and rising demand from institutions and governments. Bloomberg's senior ETF analyst, Eric Balchunas, moderated the discussion, emphasizing the role of bitcoin ETFs in expanding access to the asset for individual investors, thereby contributing to its growing popularity.
Trump expressed his confidence in the asset's long-term potential, saying, "I am willing to withstand the volatility, and time will tell who emerges victorious in the next decade."