Eric Trump says bitcoin in its 'greatest period ever' as Wall Street falls in line

Markets Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email 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. By James Van Straten , AI Boost | Edited by Stephen Alpher Apr 29, 2026, 7:49 p.m. 1 min read Make preferred on 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. Las Vegas — Eric Trump took the stage at Bitcoin 2026 in Las Vegas with a message: the asset's best days aren't ahead, they're already here. The American Bitcoin (ABTC) co-founder and chief strategy officer declared that the convergence of institutional adoption, corporate treasuries, and mainstream financial access has made this bitcoin's most important moment to date. "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." AI Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards . For more information, see CoinDesk's full AI Policy . More For You Fed chair Jerome Powell says he will stay on as Govenor after term amid legal pressure By Helene Braun | Edited by Nikhilesh De 32 minutes ago During a press conference following the Fed's interest rate decision, Powell said ongoing scrutiny and political tension forced him to stay, despite his plans to step down. What to know : Jerome Powell said he will remain on the Federal Reserve Board as a governor after his term as chair ends in May, despite his desire to keep a low profile. Powell said he is staying in part because he fears legal and political attacks are undermining the Fed’s independence and... Read full story Latest Crypto News Fed chair Jerome Powell says he will stay on as Govenor after term amid legal pressure 32 minutes ago Tech giant Meta starts paying some creators in stablecoin with Stripe's support 40 minutes ago JPMorgan’s new blockchain chief once warned that tokenization does not equal liquidity 1 hour ago The ‘tokenization of everything’ is no longer a theory 1 hour ago U.S. senator holding cards on Clarity Act's next move says it's ready to get to hearing 1 hour ago Fed leaves rates unchanged at Jerome Powell's final meeting as chairman 1 hour ago Top Stories Robinhood, Coinbase lead crypto stock rout as Trump rejects Iran plan 2 hours ago Hyperliquid is preparing to take on Polymarket with a new way to trade real-world events 3 hours ago The AI-crypto disconnect: Why Pantera’s CEO thinks institutions are missing the boat on bitcoin 4 hours ago Visa expands stablecoin settlement network as volume hits $7 billion run rate 4 hours ago Wall Street is launching the first ever prediction market ETFs for U.S. elections 5 hours ago There's a social media groundswell predicting bitcoin above $90,000. That might be a problem. 10 hours ago