Eric Trump Says Bitcoin Is in Its ‘Greatest Period Ever’ as Wall Street Adoption Accelerates

Bitcoin has steadily moved from a speculative asset into mainstream portfolios since U.S. spot ETFs were approved on January 10, 2024. Bloomberg ETF analyst Eric Balchunas has called them among the most successful financial products ever. The entry of institutions including Charles Schwab and Morgan Stanley has also reshaped Wall Street’s view of crypto assets.

On April 29, 2026, American Bitcoin co-founder Eric Trump told the Bitcoin 2026 conference that Bitcoin had changed more over the previous six months than during the preceding three years. He said the U.S. government held 300,000 BTC and had no intention of selling, while banks had begun offering Bitcoin exposure and collateral services. He also predicted that Bitcoin could surpass $1 million by 2030.