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Trump's son made a shocking statement about Bitcoin: The Trump family holds a large amount of BTC.
At the TOKEN2049 Dubai conference, Eric Trump, the son of American President Donald Trump – confirmed that his entire family is holding a large amount of Bitcoin, while referring to BTC as "digital gold" with tremendous growth potential in the future. This is the first public statement confirming the Trump family's significant investment in cryptocurrency. Furthermore, Eric also shared that both he and his father view Bitcoin as an important personal investment. Notably, in addition to BTC, he also holds altcoins such as Ethereum (ETH), Solana (SOL), and Sui (SUI). Shocking statement about Crypto and the ambition to "dominate finance" According to information from Bloomberg, Eric Trump issued a warning: "Banks will disappear in 10 years if they don't integrate crypto." He also emphasized the role of the World Liberty Financial project – where he is involved – with the ambition to "dominate the financial world." Previously, in March 2025, the Trump administration established the Strategic Bitcoin Reserve to hold 200,000 BTC ( worth approximately 17 billion USD ), instead of selling off as before. At the same time, the U.S. Digital Asset Reserve was established to manage other types of crypto. The appointment of Paul Atkins – a pro-crypto advocate, as the new SEC Chairman further confirms the clear and open direction of the Trump administration towards the digital asset market. Concerns about conflicts of interest However, the Trump family's deep involvement in cryptocurrency projects is raising concerns about conflicts of interest. Some senators have proposed the "End Crypto Corruption Act" to prevent profiteering from policy. In response, Eric Trump stated: I do not work for the White House, and my family has trusted crypto for a long time. Eric Trump's statement could become a new price-driving force for Bitcoin and altcoins. With a high level of acceptance for digital currencies, investors need to closely monitor the developments of BTC, ETH, SOL, SUI, and the latest crypto policies of America – factors that could strongly influence global market trends. Note: This article is for informational purposes only and does not constitute investment advice. Investors need to be cautious and do their own research thoroughly before making an investment decision.