Eric Trump has voiced confidence that Bitcoin will eventually soar to a $1 million valuation, marking a bold forecast as he spoke at a major crypto gathering in Hong Kong.
The remarks came during the Bitcoin Asia 2025 conference, where Trump detailed his growing involvement in the industry and outlined the Trump family’s plans to expand their influence in the Asian digital asset market.
Bold Bitcoin Forecast
“I really believe in the next several years, Bitcoin hits a million dollars. There’s no question,” Eric Trump said during his panel appearance.
He explained that around 90% of his time is now dedicated to the crypto community, underlining the personal commitment he has made to the sector.
Trump also used the event to highlight his close ties to Metaplanet, a Japanese Bitcoin treasury firm led by Simon Gerovich. Earlier this year, Trump joined the Tokyo-listed company’s board of advisors, signaling a deeper push into Asia’s crypto landscape.
Bitcoin itself has risen by roughly 86% over the past year, buoyed by President Trump’s election victory and a more favorable U.S. regulatory climate. Still, volatility remains an issue, with investors recalling the steep losses seen in 2022 when several major crypto firms collapsed.
Expanding Trump Crypto Interests
Eric Trump, alongside his brother Donald Trump Jr., has become a central figure in the Trump family’s growing digital asset empire.
The two co-founded American Bitcoin, a mining company, and also oversee World Liberty Financial, another project backed by the Trump family.
Their focus is now shifting toward Asia, where Eric Trump is expected to attend a shareholder meeting for Metaplanet in Japan. Later in the month, both Trump brothers are scheduled to speak at a conference in South Korea before appearing at Token 2049 in Singapore, one of the world’s largest crypto events.
Political Connections and Criticism
President Trump himself, once skeptical of digital currencies, now brands himself as the first “crypto president.”
“The Bitcoin community embraced my father unlike anything I had ever seen before,” Eric Trump remarked. “And I hope that’s paid off in spades.”
The administration has actively supported digital assets through executive orders and the appointment of crypto advocates, such as David Sacks, who now serves as the White House’s AI and crypto czar.
Still, Trump’s involvement in ventures like World Liberty Financial and his personal $TRUMP meme coin has drawn criticism. Opponents argue these ventures raise questions of ethics, with some lawmakers calling for investigations into potential conflicts of interest.
Reception in Asia
The Trump brothers’ Asian tour is unfolding against the backdrop of a global trade war pursued by President Trump, which has increased scrutiny in markets like Hong Kong.
Tensions surfaced when a Hong Kong official and a lawmaker pulled out of the Bitcoin Asia event after being advised against appearing alongside Eric Trump.
Eric Yip, a senior figure at the Securities and Futures Commission, was originally listed as a speaker but later withdrew due to a business trip. Lawmaker Johnny Ng also canceled his participation, citing family reasons.
Observers will now be watching how Asian governments and regulators receive the Trump family’s foray into the region’s crypto industry, especially given the overlap between the president’s policies and his sons’ business ventures.