Trump plans to sign executive order: to include cryptocurrencies, gold and other assets in the $9 trillion retirement market

US President Trump is preparing to sign a major executive order to include alternative assets including cryptocurrencies, gold and private equity in the US $9 trillion 401k retirement market. If this policy is officially implemented, it will trigger a historic shift in the way the US manages savings.

According to three people familiar with the matter, the executive order will be issued as early as this week. Its core goal is to promote the US retirement system from a portfolio dominated by traditional stocks and bonds to a structure covering a wider range of asset classes. The assets to be opened will include:

Digital assets (such as Bitcoin, Ethereum)

Precious metals (gold, silver)

Private equity, private credit

Infrastructure project-related funds, etc.

Sources pointed out that Trump will instruct regulators, including the US Department of Labor, to review the current regulatory barriers that hinder alternative investments from entering 401k professionally managed funds. The order specifically emphasizes creating richer and more flexible asset allocation options for ordinary American savers participating in pension products such as target-date funds.

Wall Street analysts said that once the regulation is relaxed, it may attract a large amount of pension funds to flow into crypto assets and private equity markets, thereby reshaping the US retirement asset allocation structure. At the same time, it may also trigger heated debate about investment risks, regulatory compliance and market stability.