Trump Allow Crypto for 401(k) Plans, Open $43T Market
President Trump don sign one executive order wey allow crypto for 401(k) retirement plans dem. The order open defined-contribution plans make dem fit hold alternative assets like private equity, real estate and digital currencies. US retirement assets total $43.4 trillion, and 401(k) plans get about $9 trillion inside. Industry people believe say if dem put like 1% crypto for 401(k), e fit add $90–120 billion for market. The investments go dey indirect through managed funds, no be direct holding. How e go take work depend on new Department of Labor, SEC and IRS guidelines to make sure ERISA compliance, fiduciary duty and tax clarity dey. Risks wey important na crypto volatility and regulatory wahala under ERISA. The best crypto wey fit enter 401(k) allocation na BTC and ETH. Some DeFi tokens like LDO, AAVE and UNI fit also benefit as funds dey find yield and diversification. Experts recommend make people get diversified portfolios, qualified custodians and long-term dollar-cost averaging. Regulatory review and plan-provider offers fit take months, but the final policy guidance dey expected within six months. Dis move mark big step for crypto to enter mainstream.
Bullish
Allow crypto for 401(k) plans dey send strong bullish signal to market. For short term, expectation say big institutional plus retail money go flow in fit push buying pressure for BTC and ETH. For long term, setting regulated path under ERISA dey reduce uncertainty and e open road for steady demand. Even though volatility still dey, this landmark move dey support positive outlook for crypto prices.