Eric Trump says Bitcoin will reach $1 million because of finite supply and growing utility; he urged listeners to “buy now,” citing institutional treasury purchases and rising demand from spot Bitcoin ETFs as drivers.
Bitcoin $1 million thesis: Limited supply meets rising institutional and retail demand.
Spot Bitcoin ETFs and corporate treasuries are increasing Bitcoin adoption and liquidity.
Bitcoin utility is expanding beyond “digital gold” into yield and payments, supporting long-term price appreciation.
Bitcoin $1 million claim: Eric Trump bullish on BTC; learn why and what investors should consider—read now.
What did Eric Trump say about Bitcoin hitting $1 million?
Eric Trump said there is “no question” Bitcoin will hit $1 million, arguing limited supply plus rising utility and institutional adoption will drive the price. He encouraged investors to buy now and hold, citing spot ETF demand and corporate treasury accumulation as supporting factors.
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Trump framed the thesis simply: finite supply meets expanding demand. He pointed to companies buying Bitcoin for treasuries and the strong inflows into spot Bitcoin ETFs launched in the U.S. in early 2024. These flows, he argued, create structural scarcity that pushes prices higher.
He also highlighted increasing utility: services that enable yield, payments, and treasury management expand Bitcoin’s use cases beyond being “digital gold.” This, combined with institutional interest, forms his bullish view.
Trump spends most of his time in the crypto industry and is connected to several projects. He is associated with Trump Media, which has publicly discussed Bitcoin purchases and ETF filings. He co-founded miner American Bitcoin, which is preparing for a public listing, and is linked to World Liberty Financial, a DeFi platform promoted by President Trump. These ties align his public statements with active industry roles.
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Source: https://en.coinotag.com/eric-trump-suggests-bitcoin-could-reach-1-million-and-urges-investors-to-buy/