Tonight, Trump is making big moves!
Trump plans to sign an executive order on Thursday that is quite significant, directly targeting the approximately $12.5 trillion 401(k) plan in the United States, allowing alternative assets such as private equity, real estate, and cryptocurrencies to enter this plan.
The 401(k) plan is used by many American workers as a way to save for retirement. Previously, they mainly invested their money in conventional assets like stocks and bonds.
But this move by Trump is like opening a new door for the 401(k) plan; in the future, we might see assets like cryptocurrencies that were previously uncommon in retirement accounts.
Think about it, the implications behind this are huge. For the Trump administration, this is a key step in reshaping the rules of the capital markets, allowing more funds to flow into different fields, stimulating innovation in the economy and financial markets. From the perspective of the financial industry, it reflects the deep logic of the American financial sector, which is to continuously expand investment boundaries and seek new profit growth points.
Moreover, this may also allow more ordinary people to access emerging investment categories like cryptocurrencies, potentially sparking a wave of investment enthusiasm. However, the cryptocurrency market is highly volatile and risky, so whether including it in retirement accounts is an opportunity or a challenge remains to be seen! $BTC