Eric Trump says bitcoin in its ‘greatest period ever’ as Wall Street falls in line
Speaking at Bitcoin Las Vegas 2026, the American Bitcoin co-founder declared the last six months a turning point.
What to know:
- Eric Trump declared bitcoin is in its “greatest period ever,” pointing to record ETF launches, corporate treasuries, and major banks now offering bitcoin-backed mortgages.
- Bloomberg’s Eric Balchunas noted bitcoin ETFs have become some of the most successful product launches in the instrument’s history, opening the asset to everyday investors.
“What bitcoin has done in the last six months relative to the previous three years is transformational,” said Trump. “We are in the greatest period I’ve ever seen.”
Trump pointed to major banks now offering bitcoin-backed mortgages and custody services as evidence of a Wall Street reversal. “People are not selling it. People are holding it. Bitcoin is becoming sticky,” Trump said, adding that limited supply and growing demand from both institutions and sovereign governments are compressing the market structurally.
Moderator Eric Balchunas, Bloomberg’s senior ETF analyst, framed the shift through the lens of the ETF market, noting that bitcoin ETFs have been among the most successful product launches in the instrument’s history, democratizing access for everyday investors in a way previously reserved for institutions.
“I’ll ride out the volatility,” said Trump. “We’ll see who wins in a 10-year period of time.”
