News listEric Trump says bitcoin in its 'greatest period ever' as Wall Street falls in line
CoinDesk2026-04-29 18:49:14 BearishBTC

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

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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. 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." More For You 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...
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Source:CoinDesk
Published:2026-04-29 18:49:14
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