Eric Trump "U.S. crypto future cannot be stopped"

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

Eric Trump emphasized that the future of cryptocurrency in the U.S. “cannot be stopped,” and made a strong prediction that Bitcoin (BTC) could break past $1 million. Eric Trump, son of U.S. President Donald Trump, asserted that the U.S. is leading the global competition for cryptocurrency dominance.

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

Eric Trump observed 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 U.S. is influencing the global market. He stated, “As the U.S. gained clarity, every country around the world took notice, and every country around the world started to follow.” The intent is that clearer regulations give businesses and investors confidence to act, and market momentum grows.

He also presented the growth of Artificial Intelligence (AI) as a factor that will boost demand for digital currencies. Eric Trump believes that AI systems may in the future need an environment where they can move funds autonomously, and physical cash or gold would not fit that 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 U.S. superiority. He stated that Asia would not lead this sector and that the U.S. is moving with the goal of victory. Eric Trump declared, “We are determined to win that competition.” His remarks highlighted a U.S.-centric view of cryptocurrency growth, combining the acceptance of crypto by U.S. financial institutions, the influx of institutional funds through Bitcoin spot ETFs, and the potential integration of AI and digital currencies.

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