According to Eric Balchunas, the "Trump Accounts" concept may start with about $12 billion of inflows in the first year, indicating a slow but measurable launch path for new equity capital; source: Eric Balchunas on X, Dec 8, 2025. He states the initiative is a potential long-term win for investors, stocks, and passive strategies, implying supportive demand for broad equity benchmarks and index vehicles over time; source: Eric Balchunas on X, Dec 8, 2025. He also notes it could help dent the wealth gap, with impact expanding if more billionaires follow Michael Dell in backing the effort; source: Eric Balchunas on X, Dec 8, 2025. No direct crypto market impact was cited in the post; source: Eric Balchunas on X, Dec 8, 2025.