Eric Trump Sets the Record Straight on Ethereum Price Prediction

Recent social media claims suggesting that Eric Trump predicted Ethereum would surge to $8,000 within 38 days have been debunked by the Trump family member himself. The director of American Bitcoin, a major BTC mining operation, took to X to clarify the misinformation circulating online.

The Clarification

Eric Trump made it clear that while he would certainly welcome such a bullish outcome for ETH, he never made such a specific price forecast. In his response to the account spreading the false claim, he stated: “Stop spreading this fake news. Of course I would love for that to happen, but I never said that.” This swift action highlights how quickly rumors can spread in the crypto community, even among high-profile figures.

Eric Trump’s Actual Ethereum Stance

What makes this incident noteworthy is Eric Trump’s demonstrated bullish sentiment toward Ethereum and other digital assets. He has been vocal about viewing ETH as significantly undervalued in the current market environment. Beyond Ethereum, Eric Trump has previously disclosed substantial investments across multiple cryptocurrencies, including Bitcoin (BTC), Solana (SOL), and Sui (SUI).

The Broader Context

The clarification underscores a growing trend where members of influential political families are increasingly open about their cryptocurrency holdings and pro-digital asset positions. While Donald Trump has made headlines with his Bitcoin advocacy and broader cryptocurrency-friendly policies, his son continues to support the ecosystem through both direct investments and public commentary.

Eric Trump’s involvement in both traditional crypto infrastructure—through his Bitcoin mining company—and portfolio exposure demonstrates a multifaceted approach to the digital asset space. His denial of the $8,000 prediction, coupled with his consistent bullish messaging on ETH’s fundamentals, reflects a more nuanced investment thesis rather than wild speculation.