Trump Considers Crypto in U.S. Pension Plans

The announcement from President Donald Trump involves his intention to permit 401(k) plans to invest in cryptocurrencies and alternative assets via an executive order. Trump is steering efforts to allow digital assets, enhancing retirement portfolio diversification. This initiative follows a May 2025 policy shift that reversed a rule discouraging crypto in retirement plans.

Financial implications include prospective changes to investment strategies within the roughly $9 trillion U.S. retirement market. Asset managers like Blackstone, Apollo, and BlackRock are anticipated to benefit, potentially leading to increased fund allocations in Bitcoin, Ethereum, and altcoins. Institutional avenues for crypto exposure are under preparation by these firms, depending on the executive order’s confirmation.

The immediate effect of these changes is anticipated to regulate digital holdings choice among retirement funds, with broader market adoption likely. These shifts might influence Total Value Locked (TVL) and the liquidity of cryptos. Market stakeholders await direct confirmation from Trump’s administration to formalize these regulatory adjustments.

Insights into potential financial outcomes suggest an expanded crypto role in retirement portfolios, driven by the easing of regulations. Similar campaigns have previously occurred in Canada and Australia, reflecting a growing international trend toward alternative investments in pensions.