Summary
- Trump Jr. stated that the Bitcoin market is experiencing dynamic changes due to ETF inflows and the active entry of individual and whale investors.
- He reported that institutions like BlackRock are reshaping the supply dynamics of Bitcoin.
- The Trump family revealed that they became interested in Bitcoin after realizing the vulnerabilities of the traditional financial system.
Donald Trump Jr., the eldest son of President Donald Trump, participated in the 'Bitcoin 2025' event on the 27th (local time) and stated about Bitcoin (BTC), "The market is experiencing events such as record-breaking ETF inflows, the entry of whales and individual investors, and all-time highs."
He continued, "Institutions are not just focused on investing but are reshaping supply dynamics through companies like BlackRock," adding, "The floodgates are opening."
Trump Jr. also explained, "Along with my brother Eric Trump, we introduced our father (President Trump) to the world of Bitcoin." He added, "The Trump family has been focused on real estate and thought Bitcoin was abstract, but felt that the tyranny of banks, such as unilateral account closures, was too severe," adding, "This made us realize the vulnerabilities of the traditional financial system."
Uk Jin
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