Ryan Morgan
--
Bullish
#山寨季何时到来？ $ETH $MEME Major Bombshell! Will 90 Trillion in Pension Funds Really Enter the Crypto Space? Trump Wants to Lift Ban on 401(k) Investments in Crypto Assets
Original Title: "Trump Makes a Big Move! 90 Trillion in Pension Funds About to Enter the Crypto Market"
Original Source: BitpushNews
Overnight, the Financial Times reported a major story: U.S. President Trump is preparing to sign an executive order that allows 401(k) and other retirement plans to invest in cryptocurrencies, gold, and private equity as 'alternative assets'.
According to three insiders, the order will require regulators to reassess the current restrictions on pension investments, clearing the way for digital assets to enter the $8.7 trillion U.S. pension market.
If U.S. pension funds also enter the crypto space, it would inject a significant amount of capital into the bull market, as the total market capitalization of the entire cryptocurrency market is only about 3.7 trillion. This is undoubtedly a deep-sea bomb, blowing the fish at the bottom up to the sky.
Original Title: "Trump Makes a Big Move! 90 Trillion in Pension Funds About to Enter the Crypto Market"
Original Source: BitpushNews
Overnight, the Financial Times reported a major story: U.S. President Trump is preparing to sign an executive order that allows 401(k) and other retirement plans to invest in cryptocurrencies, gold, and private equity as 'alternative assets'.
According to three insiders, the order will require regulators to reassess the current restrictions on pension investments, clearing the way for digital assets to enter the $8.7 trillion U.S. pension market.
If U.S. pension funds also enter the crypto space, it would inject a significant amount of capital into the bull market, as the total market capitalization of the entire cryptocurrency market is only about 3.7 trillion. This is undoubtedly a deep-sea bomb, blowing the fish at the bottom up to the sky.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
15
0