In a keynote address at Bitcoin 2026 in Las Vegas, Eric Trump, co-founder and chief strategy officer of American Bitcoin, expressed his conviction that bitcoin is currently experiencing its most remarkable phase. He emphasized that the convergence of mainstream financial access, corporate treasury adoption, and institutional investment has culminated in a pivotal moment for the asset.
Trump noted that the progress bitcoin has made in the last six months surpasses its achievements over the preceding three years, describing it as 'transformational.' He pointed to the growing involvement of major banks in offering bitcoin-backed mortgages and custody services as a testament to a significant shift in Wall Street's stance. 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 observed that investors are now holding onto bitcoin rather than selling it, a trend he attributed to the asset becoming 'sticky.' The event's moderator, Eric Balchunas, highlighted the impact of this shift on the ETF market, where bitcoin ETFs have emerged as among the most successful product launches in history, thereby expanding access to everyday investors.
Trump expressed his willingness to withstand market volatility, anticipating that the true winners will be evident over the next decade.