On August 7, #特朗普允许401(k)投资加密货币 2025, U.S. President Trump signed an executive order allowing 401(k) retirement savings plans to include alternative assets such as cryptocurrencies and private equity, aimed at breaking traditional investment restrictions and promoting the mainstream adoption of digital assets. The 401(k) plans cover over 80 million American workers, with a total scale of about $8.7 trillion. After the policy adjustment, even if only 1% of funds are allocated to cryptocurrencies, it will bring about $80 billion in incremental growth, significantly boosting market confidence. This move corresponds with the Trump administration's strategic layout for cryptocurrencies, including a combination of policies to regulate stablecoins through the 'Genius Act' and clarify the regulatory authority over digital assets. The market reacted positively, with Bitcoin rising over 2% in a single day and Ethereum nearly 8%. However, the policy has sparked controversy: the high volatility of cryptocurrencies (with an annual volatility exceeding 60%) and the low liquidity of private assets may exacerbate retirement fund risks, and the regulatory details have yet to be perfected, posing potential safety and litigation risks for funds. Analysts believe this policy could reshape global capital flows, but it is necessary to balance innovation with risk prevention.