401(k) retirement funds can now invest in cryptocurrency assets.
This is a significant boon for the crypto space — the 401(k) retirement fund market is as large as $12.5 trillion. Since Trump signed the executive order, investing in cryptocurrency assets through 401(k) has officially become legal and compliant.
Even a very small percentage of funds flowing in could create a substantial buying pressure, injecting a strong dose of confidence into the market.
It is foreseeable that the crypto space is about to welcome a group of capable, knowledgeable long-term players, though it may also attract a fresh batch of inexperienced investors. But regardless, this brings more stable liquidity and confidence to the crypto market.
History is accelerating, and the market may also be on the brink of a new leap.