In a keynote address at Bitcoin 2026 in Las Vegas, Eric Trump, co-founder and chief strategy officer of American Bitcoin, asserted that bitcoin is currently experiencing its most remarkable period. He emphasized that the combination of institutional investment, corporate treasury adoption, and mainstream financial accessibility has culminated in a transformative six months for the asset. According to Trump, the significant progress made by bitcoin in the last six months surpasses its achievements over the preceding three years.
He cited the recent introduction of bitcoin-backed mortgages and custody services by major banks as evidence of a profound shift in Wall Street's stance towards the cryptocurrency. Trump noted that the limited supply of bitcoin, coupled with increasing demand from institutions and governments, is structurally altering the market. Furthermore, he expressed confidence in the asset's long-term prospects, stating his willingness to withstand market volatility and predicting that the true winners will emerge over the next decade.
The event's moderator, Eric Balchunas, a senior ETF analyst at Bloomberg, contextualized this shift within the framework of the ETF market, highlighting the unprecedented success of bitcoin ETFs in broadening access to the asset for individual investors.