Eric Trump, the son of former U.S. President Donald Trump, has reinforced his optimistic view on Bitcoin, asserting that the cryptocurrency is “one of the greatest stores of value.”
He expressed these views during an interview on Fox Business, where he discussed Bitcoin (BTC).
This comes at a time when the U.S. is becoming more favorable toward cryptocurrency under Trump’s administration, with the former president also openly supporting digital assets.
In the interview, Eric described himself as a “hard asset guy” throughout his life, focusing primarily on real estate.
“If there’s anyone who should have had their eyes opened to the world of cryptocurrency, it’s me,” he remarked.
Eric’s viewpoint shifted when he recognized how banks had misused their power, politicizing their actions to exclude individuals they didn’t agree with. His comments alluded to the crypto debanking issues faced by the industry during the previous administration.
Criticizing traditional banking as “outdated,” he stated:
“I believe that Bitcoin is one of the greatest stores of value, instantly liquid, and an incredible hedge against real estate—something we are truly excited about.”
This statement marks one of Eric’s bold assertions regarding cryptocurrency and Bitcoin, having previously predicted that the leading digital asset could eventually exceed $1 million.
After his father’s successful election in November 2024, where he became known as the “first Bitcoin president,” Eric remarked in a speech:
“I believe in Bitcoin. I absolutely love Bitcoin, and I’m very proud that my father stood on stage in Nashville and declared he would be the Bitcoin president,” he told audiences at a Bitcoin event in Abu Dhabi in December 2024.
Eric Trump is involved with World Liberty Financial, a crypto initiative backed by the Trump family, which he teased in August 2024 prior to its launch. World Liberty Financial has since invested in various altcoins, including Ethereum (ETH), which saw gains following Eric’s positive remarks in early February.
Additionally, Trump recently signed an executive order to create a strategic Bitcoin reserve and hosted the first-ever crypto summit at the White House in March.