Phyrex|12月 11, 2025 19:26
I think this letter is pretty important. It basically explains that using 401(k) to invest in alternative assets (including BTC and ETH) has bipartisan consensus, so it's unlikely to change due to shifts in political parties. This also shows that both parties are working to promote the compliance and use cases of cryptocurrencies.
If pension funds can truly enter the compliant cryptocurrency space, it would essentially mean targeted liquidity for BTC and ETH. More importantly, the nature of pension fund capital leans more towards long-term holding.
The total size of U.S. 401(k) plans is about $9.5–11 trillion. Even if only 1% is allocated to BTC, that's a scale of hundreds of billions of dollars.
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