PolitiQuote

Discover video-sourced quotes by politicians

Eric Trump: “BlackRock's pouring billions into cryptocurrencies. JP…”

Featuring: Eric Trump, Executive Vice President of the Trump Organization | National

Watch on YouTube

Eric Trump Touts Bitcoin as New Gold — And Claims Dad Will Lead the Crypto Revolution | NYNext

Published | Video Starts at 08:10

They didn't want to incentivize this. I mean, it was only actually to their detriment. And now all of a sudden, it's really ironic that all the banks. BlackRock's pouring billions into cryptocurrencies. JP Morgan is pouring billions into it. Fidelity is allowing people to add it to their 401ks, as it says Charles Schwab. All of a sudden you have all these ETFs popping up. It's really amazing how quickly when there's a lot of money to be made, the financial institutions jump on the bandwagon. (08:10–08:21)

CLAIM

Asserts that major financial institutions are investing heavily in cryptocurrencies.

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.


Eric Trump

Discover more from

Eric Trump

Report A Transcription Error

Please report any error in the automated transcription.

About PolitiQuote

PolitiQuote is a civic library index to statements made by politicians in publicly available video records. The index is created automatically from transcripts, with no editorial oversight or analysis. Highlighted quotes are selected by AI. Words may be added in parentheses to offer context for the quote. There may be errors in the transcription and display, so listen to the video to ensure accuracy.

PolitiQuote is a service of Gigafact Foundation, a nonpartisan nonprofit advancing facts and information transparency, community by community.

Visit gigafact.org to learn more.