The inclusion of Bitcoin and cryptocurrencies in 401(k) retirement plans in the US has been a long-awaited development.
And in August 2025, US President Donald Trump took the expected step regarding this and signed a new Presidential Executive Order to expand access to alternative assets for 401(k) retirement plan investors.
The executive order signed by Trump allows pension plans, such as 401(k) plans, to invest in alternative asset classes such as cryptocurrencies and private equity funds.
This will allow investors to have access to greater returns and diversification opportunities beyond traditional market instruments.
Following the executive order he signed, Trump instructed agencies such as the Department of Labor, the Treasury Department, and the SEC to implement the relevant regulations.
While these investigations are ongoing, SEC Chairman Paul Atkins has made statements on the matter.
Speaking on CNBC’s Squawk Box program, Paul Atkins said it’s time to allow cryptocurrency investments in 401(k) retirement plans.
SEC Chairman Atkins advocates for giving investors more options, such as allowing them to invest in alternative assets and cryptocurrencies in retirement accounts like 401(k) accounts.
At this point, Atkins suggests opening up the $12.5 trillion 401(k) retirement market to cryptocurrencies.
“It’s time to allow cryptocurrency investments in 401(k) retirement plans.”
But there must also be limits and protection mechanisms to protect retirees.”
*This is not investment advice.