Sometimes the best financial news comes from the most unexpected places — like a reporter spotting a well-known crypto guy in the Oval Office and deciding to ask the President of the United States a very pointed question about Bitcoin.
That's exactly what happened on Monday, July 6, when Anthony Pompliano, CEO of Professional Capital Management, found himself in the middle of a press moment. A reporter noticed him and asked President Donald Trump whether Bitcoin (BTC) would have any role in the newly launched “Trump Accounts.”
Trump's response? He's become a “big crypto guy,” and not for complicated reasons. “If we don't have it, China's going to have it,” he said. He added that he wasn't initially a fan — “I didn't know much about it for some of my first term. I wasn't really involved” — but he watched it grow and now sees it as “a huge industry.”
When pressed on whether Bitcoin might find its way into the Trump Accounts, Trump said that “something could happen in that regard” as well. The moment was captured on video and posted to X by Pompliano himself, who called it “the funniest moment in the Oval Office today.”
Not everyone was amused. Longtime Bitcoin skeptic Peter Schiff took a swipe on social media, alleging that Trump's cryptocurrency donors “likely called in a favor” to get Trump to tease the possibility. “Trump's already made a killing off crypto, but hopefully he won’t rip off Trump accounts too,” Schiff said.
The White House didn't immediately return requests for comment.
Trump's crypto-friendly remarks come on the heels of disclosures that his cryptocurrency ventures netted him over $1 billion in 2025. That includes $520 million from the sale of tokens issued by World Liberty Financial and more than $635 million in royalties from the Official Trump (TRUMP) memecoin. But while Trump made a fortune, nearly one million investors who bought his memecoin collectively lost $3.81 billion, according to blockchain analytics firm Nansen.
The Trump Accounts themselves are a new initiative aimed at helping families build long-term wealth. Trump announced the funding of the first 500,000 accounts on Monday, with an initial $1,000 contribution for eligible children born between 2025 and 2028. The idea is to give kids an early stake in the stock market — and possibly, it seems, in Bitcoin too.
Price Action: At the time of writing, BTC was trading at $63,287.56, down 0.08% in the last 24 hours.
