According to the source, a claim circulated that U.S. Congressman Troy Downing introduced a bill to codify a Trump executive order allowing cryptocurrencies and alternative assets in 401(k) retirement accounts. Source: user-provided social post. This claim cannot be independently verified here because the post includes no bill number, congressional filing, or member press release; traders should wait for an official listing on Congress.gov or an announcement on the member’s official site before adjusting positioning. Source: Congress.gov official legislation database. Regulatory context remains that plan fiduciaries face heightened scrutiny when offering crypto options in 401(k)s under existing federal guidance that cautions against crypto exposure in employer plans. Source: U.S. Department of Labor Field Assistance Bulletin 2022-01. Some providers already allow limited BTC exposure within 401(k) platforms subject to employer approval, indicating that access currently depends on plan sponsors rather than federal statute. Source: Fidelity Investments press release dated April 26, 2022.

According to @KobeissiLetter, President Trump allowed 401(k)s to buy crypto, citing $9 trillion in 401(k) assets versus a roughly $4 trillion total crypto market cap, implying access to capital about 2.25x the market’s size; Source: The Kobeissi Letter post on X dated Aug 9, 2025. For implementation, any broad 401(k) access to crypto would need to align with or be reflected in updated guidance from the U.S. Department of Labor, which in March 2022 cautioned plan fiduciaries about offering crypto in plan lineups under ERISA (Compliance Assistance Release 2022-01); Source: U.S. Department of Labor, EBSA, CAR 2022-01, March 2022. Plan-level offerings have historically depended on provider policies, as seen when Fidelity announced an optional Bitcoin exposure for workplace retirement plans in April 2022, subject to employer approval; Source: Fidelity Investments press release, April 26, 2022. Trading focus: monitor official statements from the Department of Labor and major plan providers for confirmation, and track spot Bitcoin ETF volumes and flows as potential allocation rails if plans adopt crypto, following the SEC’s January 2024 approval of U.S.-listed spot Bitcoin ETFs; Source: U.S. Securities and Exchange Commission approval order and statements, Jan 10, 2024.