"What Bitcoin has done in the last six months relative to the previous three years is transformational," Trump said. "We are in the greatest period I've ever seen."
Bitcoin News
Eric Trump told attendees at the Bitcoin 2026 conference in Las Vegas on April 29 that Bitcoin (BTC) is in its most important period to date. He pointed to a combination of institutional adoption, corporate treasury activity, and mainstream financial access as factors in what he described as a structural shift in the market.
Trump serves as co-founder and chief strategy officer of American Bitcoin (ABTC), a publicly oriented Bitcoin mining and treasury company. "What Bitcoin has done in the last six months relative to the previous three years is transformational," Trump said. "We are in the greatest period I've ever seen."
He cited major banks now offering BTC-backed mortgages and custody services as evidence of a reversal in Wall Street's approach to the asset. Trump said demand from institutions and sovereign governments is tightening available supply, given that the total issuance of Bitcoin is fixed. "People are not selling it. People are holding it. Bitcoin is becoming sticky," he said.
BTC ETF Launches Among Most Successful in Fund History
Trump said he intends to hold through price swings and expressed confidence in BTC's trajectory over a 10-year horizon. He did not provide specific price targets or projections during his remarks. His comments focused on adoption trends and what he described as structural differences between the current market cycle and previous ones.
Bloomberg senior ETF analyst Eric Balchunas moderated the session. He described spot Bitcoin ETF products as among the most successful fund launches in the instrument's history, noting that ETFs have made BTC accessible to everyday retail investors in a way previously available only to institutional participants.
American Bitcoin has structured its business to benefit from both mining revenue and direct BTC accumulation on its balance sheet. The conference brought together institutional investors, miners, and corporate treasury executives at a time when the asset is navigating a mixed macroeconomic environment.
Broader market conditions remained under pressure on April 29, with risk assets declining after the Federal Reserve held its benchmark interest rate steady and three Fed governors dissented against any forward guidance on easing. The crypto market is tracking both monetary policy signals and legislative developments, including progress on the CLARITY Act, as potential near-term catalysts.
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