Bitcoin likely to lead gains from Trump’s 401(k) crypto order

Bitcoin likely to lead gains from Trump’s 401(k) crypto order

Trump’s executive order opening 401(k)s to crypto has drawn a mix of praise, caution and criticism from industry leaders and skeptics alike.

United States President Donald Trump’s signed an executive order on Thursday opening the door for Americans to include crypto and other alternative assets in their 401(k) retirement accounts and other defined-contribution plans, a policy shift that has sparked both optimism and caution across the crypto industry. 

Trump’s executive order directs the US Labor Department to reevaluate restrictions around alternative assets like crypto, private equity and real estate in 401(k)s and other defined-contribution plans.

As of the first quarter of 2025, US retirement assets totaled $43.4 trillion, according to the Investment Company Institute and the Federal Reserve Board. Defined-contribution plans, including $8.7 trillion in 401(k)s, accounted for more than $12 trillion.

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