The White House is continuing to unveil new policy changes for digital assets. And now, crypto is becoming accessible in the retirement accounts of Americans.
What’s happening:
- President Donald Trump has officially signed a new executive order known as Democratizing Access to Alternative Assets for 401(k) Investors to allow American citizens to invest in digital assets, private equity and real estate through their 401(k) retirement accounts
Why it matters:
- This is the first time ever that Americans will be able to get exposure to crypto and digital assets in their tax advantaged retirement accounts
Going deeper:
- The new executive order lays out a comprehensive framework for regulators and employers to enable access to digital asset ETFs listed on major stock exchanges in the United States for individuals to be able to invest directly into through their 401(k) accounts
- It is widely anticipated that the initial launch of digital asset ETFs that are eligible for inclusion in 401(k) accounts will be limited to spot Bitcoin and spot Ethereum ETFs
The fine print:
- Only digital asset ETFs and investment funds listed on major stock exchanges will be eligible for 401(k) inclusion and individuals with 401(k) accounts will not be able to directly buy spot crypto
