finance
Eric Trump Highlights Bitcoin's Recent Gains at Las Vegas Conference
Eric Trump, co-founder and chief strategy officer of American Bitcoin, declared bitcoin is in its greatest period ever during a speech at Bitcoin Las Vegas 2026. He highlighted recent developments including record ETF launches and major banks offering bitcoin-backed mortgages. Bloomberg's senior ETF analyst Eric Balchunas noted the success of bitcoin ETFs in democratizing access for investors.
Apr 29, 3:49 PM·1m read1 source
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Eric Trump declared that bitcoin is in its greatest period ever while speaking at Bitcoin Las Vegas 2026 in Las Vegas. As co-founder and chief strategy officer of American Bitcoin, he pointed to record ETF launches, corporate treasuries, and major banks offering bitcoin-backed mortgages as key indicators of this shift. Trump described the last six months as a turning point for bitcoin.
'What bitcoin has done in the last six months relative to the previous three years is transformational,' Trump said. ' Trump emphasized that major banks are now providing bitcoin-backed mortgages and custody services, signaling broader institutional adoption. 'People are not selling it.
People are holding it. Bitcoin is becoming sticky,' Trump stated. He explained that limited supply combined with growing demand from institutions and sovereign governments is structurally compressing the market.
' Eric Balchunas, Bloomberg's senior ETF analyst, noted that bitcoin ETFs have been among the most successful product launches in the instrument's history. Balchunas stated that these ETFs have democratized access for everyday investors. CoinDesk reported these details in an article written by James Van Straten and edited by Stephen Alpher.
M. It has a reading time of 1 minute. Parts of the article were generated with the assistance of AI tools and reviewed by the editorial team.
