White House Moves to Let 401(k)s Invest in Bitcoin, Gold, Private Equity: FT
2025-07-17 23:04:08
Main Idea
President Donald Trump is preparing an executive order to allow 401(k) retirement plans to invest in cryptocurrencies like bitcoin, gold, and private equity, potentially opening up the $9 trillion U.S. retirement market to these assets.
Key Points
1. The executive order aims to reverse a Biden-era policy that discouraged 401(k) administrators from offering cryptocurrency investment options.
2. The move could provide access to hundreds of billions in new assets for firms like Fidelity and Blackrock.
3. The order is expected to expand investment options beyond traditional stocks and bonds in the $9 trillion U.S. retirement savings market.
Description
President Donald Trump is preparing an executive order to open the $9 trillion U.S. retirement market, specifically 401(k) plans, to investments in cryptocurrencies like bitcoin, gold, and private equity, the Financial Times reported on Thursday. President Donald Trump is reportedly preparing an executive order directing regulatory agencies to clear hurdles for including cryptocurrencies, gold, and
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