President Donald Trump is preparing to sign a major executive order this week that could reshape the $9 trillion U.S. retirement market. The order will allow Americans to invest in Bitcoin, gold, and private equity through their 401k retirement plans.
According to a Financial Times report, the order would direct federal agencies to remove rules that currently block these assets from being included in professionally managed 401k plans. Right now, most 401k accounts are limited to mutual funds holding public stocks and bonds.
Trump’s plan would open the door for retirement plan managers to offer digital assets like Bitcoin. This means working Americans could soon have more control and options when saving for their future.
The White House says Trump is focused on helping Americans build wealth and sees crypto as a powerful tool to do that. While the final decision rests with Trump himself, insiders believe the order will be signed within days.
The move could benefit big investment firms like BlackRock, Apollo, and Blackstone, who have long been preparing to offer private assets through retirement plans.
In May, Trump’s administration already reversed a Biden-era policy that discouraged crypto in retirement plans. Now, the upcoming order may also offer legal protection to 401k plan administrators, making it safer to include alternative assets.
Trump’s push for crypto adoption continues, with plans to eliminate capital gains tax on small Bitcoin transactions and a strong show of support for the digital asset community that helped power his 2024 election win.