Eric Trump said his father, US President Donald Trump, has a significant amount Bitcoin And he very much believes in his future.
He made this statement by talking to Bloomberg in an interview Token2049 Crypto conference in Dubai.
Eric named Bitcoin “Digital gold” And recommended cryptocurrency growth in the future.
He did not offer accurate figures, but announced that he and his father had what he called Bitcoin a “important” participation. He also called the investment a huge personal contribution.
Eric Trump. Image: Brendan Smialowski/AFP via Getty Images
Trump's family doubles cryptos
Eric Trump's words come when his father has maintained a growing interest in cryptocurrency. For him, his father is confident that crypto is important to America, because if the United States does not take it, China will. He classified the crypto “very popular” and “now extremely hot.
At the Token2049 conference in Dubai, Eric Trump expressed strong support to Bitcoin, describing it as “digital gold” and revealing that both he and his father President Donald Trump owns a significant amount of cryptocurrency. He predicted that Bitcoin was experiencing …
– Wu blockchain (@wublockchain) 7th May 2025
His father also noted that when the markets were turbulent in April and the normal markets were down, the crypto remained more comparable to them. He claimed that millions of people have already invested in space and that it is in itself sufficient to pay attention.
The government's crypto serving moves forward
According to Eric, Donald Trump has introduced a new way to deal with a bitcoin with the help of the government. In March, he allegedly signed executive orders to stop the sale of a seized bitcoin. Instead, assets are transferred to a national cryptocurrency.
BTCUSD nearing the $100k mark on the 24-hour chart: TradingView.com
The purpose of this operation is to protect and, if possible, increase the value of these assets, not immediately cash. The plan also includes the purchase of more bitcoins and other cryptocurrencies through confiscation without asking taxpayers to finance it. It also mentions the altcoin chain using the same process.
Paul Atkins made the task of exercising crypto supervision
The Trump administration, as explained by Eric in an interview, has caused significant changes in the Securities and Exchange Committee. Paul Atkins, who has worked as a former SEC Commissioner, has been chosen to direct the agency. His job is to bring clear rules for the crypto room and to help develop a stable landscape.
It is part of a larger move to divorce a vague and sometimes confusing regulation that has plagued cryptoin investors over the last few years.
Trump's memo coin sparkles a setback
The day of his inauguration was said that the US President had triggered a meme coin name TrumpWith an estimate of $ 75 billion in 48 hours. But it was short -lived. The price of the coin has unexpectedly fallen by more than 90%, which prompted Trump to use his public identity to benefit from crypto.
But Trump has denied any hand in the coin performance. He claimed that he did not even know the statistics behind it, and rejected the notion that he would make money from his release.
As Crypto continues to receive mainstream attention, both trumps contribute to their future. May these bets pay off.
Highlighted Picture of the Gemini Imagen, Graph of TradingView
Editorial For bitcoinists, the focus of the provision of precise and impartial content has been focused. We support strict procurement standards and each page passes a careful overview of our top technology experts and experienced editors. This process ensures the integrity, relevance and value of the content of our readers.
