Eric Trump has revealed that his father, President Donald Trump, holds substantial Bitcoin investments that he believes will continue to increase in value.

At a Glance

• Eric Trump confirmed in a Bloomberg interview that both he and his father own significant amounts of Bitcoin
• He described Bitcoin as “digital gold” and expressed strong optimism about its future growth potential
• The Trump administration has implemented crypto-friendly policies, including establishing a national crypto reserve
• President Trump has praised cryptocurrency’s resilience during financial market volatility
• The administration appointed Paul Atkins as SEC chair to ensure regulatory clarity for the crypto industry

Trump Family Embraces Bitcoin Investment

In a recent Bloomberg interview, Eric Trump disclosed that both he and his father, President Donald Trump, maintain substantial Bitcoin holdings. The revelation marks a significant shift from the president’s previously skeptical stance on cryptocurrencies. Eric Trump referred to Bitcoin as “digital gold,” indicating the family’s confidence in the cryptocurrency as a store of value comparable to precious metals. This endorsement from a prominent political family highlights the growing mainstream acceptance of digital assets among influential public figures.

https://t.co/zWVYEOZrXa

— Bitcoin News (@BitcoinNewsCom) December 6, 2024

Crypto-Friendly Policies Under Trump Administration

The Trump administration has demonstrated increasing support for the cryptocurrency sector through several policy initiatives. Among these is the establishment of a national cryptocurrency reserve, designed to consolidate Bitcoin holdings that have been confiscated through law enforcement actions.

Executive orders have been signed to facilitate this process, with plans to acquire additional digital assets without using taxpayer funds. This approach represents a strategic pivot toward embracing digital currencies as legitimate financial instruments worth preserving rather than immediately liquidating.

The administration has also announced intentions to stockpile other cryptocurrencies obtained through asset forfeitures, departing from previous practices of selling these digital assets shortly after seizure. This policy change suggests a long-term investment strategy and recognition of potential future value appreciation. These actions align with President Trump’s expressed desire for the crypto sector to succeed and thrive under his administration’s oversight and support.

Regulatory Clarity and Market Resilience

A key component of the Trump administration’s crypto strategy has been the appointment of Paul Atkins as the new Securities and Exchange Commission chair. This selection signals an intent to provide regulatory clarity for the cryptocurrency industry, which has frequently cited uncertain regulatory frameworks as a barrier to innovation and growth. The move appears designed to create a more predictable environment for crypto businesses while maintaining necessary investor protections.

President Trump has publicly praised cryptocurrency markets for their resilience during periods of broader financial volatility. He has highlighted how digital assets have demonstrated strength compared to traditional markets during economic uncertainty, suggesting a growing appreciation for their potential role in diversifying investment portfolios. This stance represents a marked evolution in Trump’s perspective on cryptocurrencies.

Trump’s Growing Crypto Ventures

Beyond investments in Bitcoin, Donald Trump has expanded his involvement in the cryptocurrency space through various ventures. He has released non-fungible token (NFT) collections and begun accepting Ethereum as payment for certain transactions. These activities demonstrate a practical engagement with blockchain technology beyond simply holding digital assets as investments, suggesting a more comprehensive embrace of the crypto ecosystem.

More controversially, Trump launched a meme coin under his own name, “TRUMP,” which experienced dramatic price volatility. After an initial surge that rapidly increased its market valuation, the token’s price subsequently collapsed by over 90%. This incident has led to accusations that Trump is profiting from cryptocurrency speculation, claims which he has denied. The price action underscores the highly speculative nature of many crypto assets beyond established currencies like Bitcoin.

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Cryptos Today:

April 18, 2025 (U.S)

Bitcoin: 84,498 USD approx

The global cryptocurrency market cap today is $2.76T, a -1.78% change from 24 hours ago.

Keep Network. +54.16% $0.11.
Crust Shadow. +50.55% $0.0047.
Threshold… pic.twitter.com/wSyeSzhOn0

— Media Man Int (@mediamanint) April 18, 2025

Shifting Perspectives on Digital Assets

The Trump family’s embrace of Bitcoin represents a significant evolution in their stance toward cryptocurrencies. Previously, Donald Trump had expressed skepticism about digital assets, but this position has clearly shifted toward seeing value in blockchain-based currencies. Eric Trump’s characterization of Bitcoin as “digital gold” echoes terminology commonly used by cryptocurrency advocates who view Bitcoin as a hedge against inflation and currency devaluation, similar to the traditional role of gold in investment portfolios.

This transformation in perspective mirrors broader changes in how cryptocurrencies are perceived by traditional financial and political institutions. As digital assets continue to gain adoption and institutional support, the endorsement from prominent figures like the Trumps suggests that cryptocurrency has entered a new phase of legitimacy and acceptance among conservative circles that were previously hesitant to embrace this technological innovation.