A Bloomberg report has directly brought $BTC $ETH to light.
According to the content, Trump will sign an executive order on Thursday, requiring the U.S. Department of Labor to reassess the inclusion of private equity, real estate, cryptocurrency, and other sectors in 401(k) pension investment plans.
It also requires the Department of Labor to collaborate with the Treasury, SEC, and other agencies to study regulatory adjustments.
These sectors are expected to share approximately $12.5 trillion of pension funds entering the market.
For years, legal risks have led most corporate pension managers to refuse to include illiquid and complex products in 401(k) pension investments. Therefore, the retirement investment portfolios of American wage earners have long been concentrated in stocks and bonds.
This executive order is viewed as the biggest step by the Trump administration to open the doors to the private market and is also seen as a super measure for the continuation of the upcoming bull market.
$12.5 trillion entering the market, are you ready, folks! #ETH巨鲸增持 #比特币