Eric Trump: "US Cryptocurrency Future Cannot Be Stopped"

▲ Eric Trump, Bitcoin (BTC)/ChatGPT generated image

Eric Trump emphasized that the future of cryptocurrency in the United States “cannot be stopped” and offered a strong outlook that Bitcoin (BTC) could surpass $1 million. Eric Trump, son of US President Donald Trump, asserted that the US is leading in the global competition for cryptocurrency dominance.

According to Bitcoinist on May 7, local time, Eric Trump mentioned the growth potential of the US cryptocurrency industry at Consensus Miami 2026. He pointed out that the change in attitude of large financial institutions is a significant market trend. He explained that large banks, which were previously skeptical of digital assets, are now offering Bitcoin custody services and allowing customers to use their held cryptocurrencies as loan collateral.

Eric Trump noted that personal wealth managers are recommending Bitcoin to clients, and retirement accounts like 401(k)s have also begun to open their doors to cryptocurrency investments. He cited the Bitcoin spot ETF as a turning point. After the first Bitcoin spot ETF was launched in January 2024, a large influx of institutional funds occurred, and a new layer of investors, who previously found it difficult to access the market, entered.

Eric Trump argued that regulatory clarity in the US is influencing the global market. He stated, “As the United States gained clarity, every country in the world took notice, and every country in the world began to follow suit.” The clearer the regulations become, the more confidence businesses and investors gain to act, and the greater the market momentum becomes.

He also presented the growth of artificial intelligence (AI) as a factor that will increase demand for digital currencies. Eric Trump believes that AI systems may increasingly need to move funds autonomously in the future, and physical cash or gold do not fit this model. He argued that in an environment of increasing payment automation and machine-centric transactions, digital currency is the most realistic option.

Regarding the global competitive landscape, Eric Trump emphasized America's superiority. He stated that Asia would not lead this field and that the US is moving with the goal of victory. Eric Trump declared, “We are determined to win that competition.” His remarks highlighted a US-centric theory of cryptocurrency growth, combining the US financial sector's acceptance of cryptocurrency, the influx of institutional funds through Bitcoin spot ETFs, and the potential for AI and digital currencies to merge.

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