Trump strikes again, signing an executive order that allows 401(k) pension funds to invest in cryptocurrencies, leading to a surge in U.S. crypto concept stocks and Crypto!
But be aware, this is just the first step; real funds will only enter the market after the SEC and the Department of Labor change the rules. However, once approved, with a volume of $8.7 trillion, even if only 1% flows into the crypto space, it would be enough to shake things up—equivalent to adding 1.25 more spot ETFs.
What's even more intense is that these are true diamond hands, holding for decades without flinching. If you're still counting on domestic pension funds, you might really need to consider dollar-cost averaging into Bitcoin.
Once the trend starts, it becomes a super booster!