In Las Vegas, Eric Trump addressed the audience at Bitcoin 2026, conveying a message that bitcoin's peak period is currently underway. As the co-founder and chief strategy officer of American Bitcoin, Trump asserted that the combination of mainstream financial accessibility, corporate treasury adoption, and institutional investment has brought bitcoin to its most crucial juncture yet.
"The progress bitcoin has made in the last six months, compared to the preceding three years, is truly revolutionary," Trump stated. "We are experiencing the most remarkable period I've ever witnessed." Trump cited the recent introduction of bitcoin-backed mortgages and custody services by major banks as evidence of a significant shift in Wall Street's stance.
"Instead of selling, people are choosing to hold onto bitcoin. It's becoming increasingly popular," Trump noted, attributing this trend to the limited supply and escalating demand from both institutions and governments, which is structurally altering the market. Eric Balchunas, senior ETF analyst at Bloomberg and the event's moderator, discussed this transition in the context of the ETF market. He pointed out that bitcoin ETFs have been among the most successful launches in the history of the instrument, providing ordinary investors with access to opportunities previously reserved for institutions.
"I'm willing to withstand the market fluctuations," Trump said. "Only time will tell who emerges victorious in the long run."