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. Trump attributed this success to the convergence of institutional investment, corporate treasury adoption, and increased mainstream access, declaring the last six months as a transformative period for bitcoin.
"The progress bitcoin has made in the last six months is unprecedented compared to the previous three years," Trump stated. "We are currently in the most significant period I have ever witnessed." As evidence of a shift in Wall Street's attitude towards bitcoin, Trump cited the fact that major banks are now offering bitcoin-backed mortgages and custody services. "Instead of selling, people are choosing to hold onto bitcoin, which is becoming increasingly popular," Trump said, highlighting the impact of limited supply and growing demand from institutions and governments on the market.
Eric Balchunas, a senior ETF analyst at Bloomberg, moderated the discussion and noted that the success of bitcoin ETFs has been instrumental in democratizing access to bitcoin for individual investors, a trend that was previously limited to institutions. Trump expressed his confidence in the long-term prospects of bitcoin, saying, "I am willing to withstand the volatility.
Only time will tell who emerges victorious in the next decade."