📍Trump signs the "open door" decree for 401(k) to crypto: American retirement funds are set to become the next long-term cash flow of the digital market

📌On August 7, 2025, Trump signed a decree allowing 401(k) retirement funds – currently holding over $8.7T AUM – to allocate into non-traditional assets like crypto & private equity, reversing the previous "extremely cautious" warning from the Department of Labor.

📌Right after the news:

- BTC +2%, ETH +6%, SOL +4%

- Coinbase stock +4%

- CoinDesk20 Index up +5.3%

📌If just 1% of capital from 401(k) flows into crypto, the market could see about ~$80B inflow – equivalent to the total inflow of Bitcoin spot ETFs in recent months. A 10% allocation = ~$800B…

📌Compared to ETFs – which have short-term & speculative effects – the cash flow from 401(k) is stable, long-term & "institutionalized", creating the narrative of "blue-chip crypto" in retirement portfolios like gold/REIT.

📌The risk is that the actual implementation time may take 12–15 months due to the need to overhaul the entire 401(k) plan structure. Crypto will likely step in through “self-directed windows”/ products from Fidelity – BlackRock – Vanguard → leading to concentration of control over inputs & pricing power by Big Players.