Trump Opens 401(k) to Crypto, Gold and Private Equity
President Trump is preparing an executive order to open the $9 trillion 401(k) retirement market to crypto, gold and private equity. The order directs federal agencies to remove regulatory barriers preventing 401(k) crypto allocations. Major asset managers such as BlackRock, Apollo and Blackstone are partnering with plan providers like Vanguard and Empower to offer 401(k) crypto exposure. The move follows recent legislative wins—the CLARITY Act for token regulations, the GENIUS Act for stablecoins and the Anti-CBDC Act blocking a Fed digital dollar. News of the order sent Bitcoin (BTC) above $120,000. Broadening 401(k) crypto access could trigger one of the largest institutional capital inflows, reshape retirement portfolios and boost long-term demand for digital assets.
Bullish
Opening 401(k) plans to crypto represents a major regulatory shift that can unlock trillions in institutional capital. Short-term, the announcement triggered a swift Bitcoin rally as asset managers positioned for new inflows. Over the long term, allowing 401(k) crypto allocations should drive sustained demand from retirement portfolios, diversify institutional holdings and support a secular uptrend for Bitcoin and other digital assets. While market volatility and execution timelines remain factors, the overall impact on Bitcoin’s price outlook is clearly bullish.