Eric Trump Says His Father, US President Donald Trump, Owns a Significant Amount of Bitcoin

He made this statement while speaking in an interview with Bloomberg during the TOKEN2049 crypto conference in Dubai.

The Trump family is making a "massive" personal wager on Bitcoin's future, according to Donald Trump's son, Eric.

Speaking during an interview at the TOKEN2049 crypto conference in Dubai, Eric said that both he and his father, the former US president, have a "substantial" stake in the cryptocurrency.

He did not offer exact figures but called Bitcoin "digital gold" and predicts exponential future growth for the cryptocurrency.

For him, his father is confident that crypto matters to America because if the United States fails to adopt it, China will. He classified crypto as being "very popular" and "extremely hot right now."

At the #TOKEN2049 crypto conference in Dubai, Eric Trump showed strong support for #Bitcoin, calling it “digital gold.” He also revealed that both he and his father, former President Donald Trump, hold significant amounts of the cryptocurrency. He predicts that #BTC will experience… pic.twitter.com/nI3k45Z09B

— Wu Blockchain (@WuBlockchain) May 7, 2025

His father also noted that when there was turbulence in the markets in April, and normal markets were down, crypto remained steadier compared to them. He stated millions of individuals are already invested in the space, and that in itself is enough to warrant attention.

"It's no secret that my father prefers to invest in what he calls 'hot markets,' and right now, nothing is hotter than crypto," Eric said.

Donald Trump has reportedly signed executive orders to halt the sale of seized Bitcoin and instead transfer the assets into what is being termed a national crypto reserve. This action is designed to safeguard and possibly increase the value of those assets, not cash out immediately.

The plan also involves purchasing more Bitcoin and other cryptocurrencies through forfeiture, without requesting taxpayers to fund it. There’s also mention of accumulating a stash of altcoins using the same procedure.

According to Eric, this move signifies the administration's interest in diversifying government investments beyond traditional assets.

The Trump administration has also caused a significant change at the Securities and Exchange Commission. Paul Atkins, who has served as a former SEC commissioner, is tasked with bringing distinct rules for the crypto space and assisting in bringing a stable landscape for development.

This is part of a larger move to break away from the vague and sometimes confusing kind of regulation that has plagued crypto investors over the last few years.

On his inauguration day, the US president was said to have launched a meme coin called TRUMP, which within 48 hours hit a $75 billion valuation. But it was short-lived. The price of the coin has unexpectedly fallen by over 90%, prompting concerns that Trump could be leveraging his public persona to profit from crypto.

Trump, though, has denied any hand in the coin’s performance. He stated that he doesn’t even know the statistics behind it and dismissed the notion that he’s making money off its release.

As crypto continues to receive mainstream attention, both Trumps are betting big on its future. Whether those bets will pay off is to be seen.