Bitcoin Becoming a Geopolitical Asset, Claims Eric Trump

At the Consensus 2025 conference in Toronto, Eric Trump painted a picture of global Bitcoin frenzy, claiming that the appetite for the digital asset

The Trump family’s growing presence in the crypto space, now ranging from NFTs and memecoins to mining and stablecoin initiatives, has sparked criticism from Democratic lawmakers, who argue the family’s ventures create potential conflicts of interest.

Several have pushed for investigations, proposed regulatory barriers, and even boycotted digital asset hearings in protest of what they claim is insufficient scrutiny of presidential entanglements.

One such conflict recently led Senate Democrats to pull support from a bipartisan stablecoin bill, citing unresolved concerns about the Trump family’s financial interests in the sector. Despite the legislative gridlock, another vote could take place later this month.

But as political reactions remain divided, Eric Trump’s comments suggest that Bitcoin, for better or worse, is no longer just a tech-driven experiment—it’s a geopolitical asset in high demand.

The remarks come as several sovereign wealth funds have been making moves into Bitcoin in recent months, including the Atomic Energy of Canada and the USSR. These investments could play a crucial role in shaping the future of the digital asset space.

The Trump family has also been making headlines with their own cryptocurrency ventures. Earlier this year, Donald Trump Jr. launched an NFT collection, while Eric Trump co-founded American Bitcoin, a subsidiary of Hut 8, which recently announced a merger with Gryphon Digital Mining in a stock-based deal that aims to secure a Nasdaq listing.

The family’s involvement in crypto has been met with mixed reactions. Some argue that it could help to introduce a younger generation to the technology, while others believe that it’s a distraction from more pressing issues.

Ultimately, only time will tell what impact the Trump family will have on the cryptocurrency industry. However, their actions are sure to continue to be followed closely by both supporters and critics alike.