President Donald Trump is reportedly preparing a landmark executive order that would grant Americans unprecedented access to alternative investments, including Bitcoin, gold, and private equity, within their 401(k) retirement savings. This sweeping move aims to unlock the vast $9 trillion 401(k) market, aligning with the Trump administration’s broader agenda to promote cryptocurrency adoption and empower individuals in wealth building.
Sources cited by the Financial Times indicate the executive order could be issued as early as this week. The directive would instruct federal agencies, including the Department of Labor and the Securities and Exchange Commission, to dismantle existing regulatory hurdles that currently restrict retirement plan administrators from incorporating digital assets and private investments into managed portfolios.
This decision signifies a dramatic departure from the current landscape, where 401(k) investment options are largely confined to traditional mutual funds and publicly traded securities. If implemented, major investment management firms such as BlackRock, Apollo, and Blackstone are poised to be significant beneficiaries, potentially seeing a surge in demand for their diversified retirement offerings. These firms have already been strategically developing products and partnerships in anticipation of such regulatory shifts.
The White House has consistently emphasized President Trump’s commitment to providing working Americans with greater autonomy over their savings. Administration officials have also suggested that efforts are underway to explore exemptions for small crypto transactions from capital gains taxes, further incentivizing digital asset adoption among the wider populace.
President Trump’s pronounced pro-crypto stance has already translated into notable policy actions. His administration previously rolled back Biden-era guidance that cautioned against including digital assets in retirement plans. Furthermore, he has actively supported legislation favorable to the crypto industry, including the recently advanced GENIUS Act for stablecoin regulation, and has generally pulled back on regulatory crackdowns.
Significantly, President Trump has publicly credited the crypto community for its role in his 2024 election victory. His media firm has signaled deep integration with digital assets, with plans for crypto-focused ETFs and the launch of its own stablecoin, underscoring the administration’s clear intent to weave cryptocurrency more deeply into the fabric of the U.S. financial system.
July 2025, Cryptoniteuae