The inclusion of Bitcoin and cryptocurrencies in U.S. 401(k) retirement plans is a long-awaited development.
And in August 2025, U.S. President Donald Trump took a predictable step in this regard, signing a new executive order to expand access to alternative assets for investors in 401(k) retirement plans.
An executive order signed by President Trump allows pension plans such as 401(k) plans to invest in alternative asset classes such as cryptocurrencies and private equity funds.
This gives investors access to greater returns and diversification opportunities beyond traditional market instruments.
Following the executive order he signed, President Trump directed agencies such as the Department of Labor, the Department of the Treasury, and the SEC to enforce relevant regulations.
While these investigations are ongoing, SEC Chairman Paul Atkins has issued a statement regarding this matter.
On CNBC’s Squawk Box program, Paul Atkins said it’s time to allow crypto investments in 401(k) retirement plans.
SEC Chairman Atkins has advocated giving investors more options, such as allowing them to invest in alternative assets in retirement accounts like 401(k) accounts and in cryptocurrencies.
Atkins currently proposes opening up the $12.5 trillion 401(k) retirement market to cryptocurrencies.
“The time has come to allow crypto investments in 401(k) retirement plans.”
But limits and protection mechanisms are also needed to protect retirees. ”
*This is not investment advice.