Eric Trump’s recent confirmation that his father, former President Donald Trump, owns significant Bitcoin holdings has sent shockwaves through the cryptocurrency world, intensifying political and financial debates over digital assets.
At a Glance
- Eric Trump confirmed both he and Donald Trump own substantial Bitcoin
- Eric called Bitcoin “digital gold,” predicting strong growth
- Trump administration has created a national crypto reserve
- Former President Trump praised crypto for its resilience during market turmoil
- Trump-appointed regulators are pushing for crypto-friendly policies
Trump Family’s Growing Crypto Footprint
In a headline-grabbing disclosure, Eric Trump confirmed in a Bloomberg interview that he and his father, Donald Trump, are heavily invested in Bitcoin. Labeling the cryptocurrency “digital gold,” Eric praised its strength and projected continued price appreciation.
The Trump endorsement marks a striking turn in crypto’s political fortunes. Once viewed skeptically by establishment conservatives, Bitcoin is now being publicly embraced by one of America’s most prominent Republican families. Eric’s remarks also echo sentiments among conservative investors looking for inflation-resistant assets.
Watch a report: Eric Trump confirms Bitcoin ownership, touts crypto’s future.
White House Moves to Embrace Crypto
According to The Defiant, the Trump administration has quietly pursued aggressive pro-crypto policies. Chief among them is the creation of a national crypto reserve, consolidating Bitcoin and other digital assets seized from federal forfeiture cases. Rather than liquidate these assets, officials have opted to hold them—effectively betting on long-term crypto appreciation.
The administration also appointed Paul Atkins, a crypto-friendly former SEC commissioner, to lead the Securities and Exchange Commission. Atkins is expected to push for clearer regulatory frameworks, a move applauded by investors seeking certainty. This was highlighted in tweets by industry analysts reacting to the shift.
From Bitcoin to Meme Coins
Donald Trump’s crypto involvement extends well beyond Bitcoin. He has previously launched NFT collections and accepted Ethereum payments for merchandise. His personal token, TRUMP, experienced a rapid market rise before crashing by more than 90%—yet Trump denied profiting from the volatility, according to Bloomberg.
Despite that stumble, Trump has continued to speak favorably about digital assets. During recent financial volatility, he praised the crypto market for its resilience compared to traditional markets, bolstering claims that the former president is aligning himself closely with the crypto revolution.
As Trump-world doubles down on digital currency, the implications stretch far beyond investment portfolios. The marriage of populist politics and decentralized finance could reshape the future of both parties—and possibly, the economy itself.
