Eric Trump Says JPMorgan Shifted From Criticizing Bitcoin to Bitcoin-Backed Mortgages

Speaking at Consensus 2026 with Anchorage Digital (U.S. federally chartered crypto bank), Eric Trump said JPMorgan moved from dismissing Bitcoin to issuing home mortgages against Bitcoin holdings within 18 months.

Summary

Eric Trump said at Consensus 2026 that JPMorgan had criticized Bitcoin roughly 18 months earlier but is now issuing home mortgages against Bitcoin holdings. His remarks, delivered on Anchorage Digital’s mainstage, framed the change as a rapid shift in how a major traditional financial institution views Bitcoin. If accurate, the move would reflect a broader pattern in which established banks expand from skepticism toward crypto-linked financial products as digital assets become more integrated into mainstream finance.

Terms & Concepts
  • Bitcoin-backed mortgages: Home loans that use Bitcoin holdings as collateral or as part of the borrower’s asset base in underwriting.
  • Collateral: An asset pledged to secure a loan, which a lender may claim if the borrower fails to repay.
  • Anchorage Digital: A U.S. federally chartered crypto bank that provides digital asset custody and related institutional services.