{"id":13572,"date":"2025-10-16T16:28:32","date_gmt":"2025-10-16T16:28:32","guid":{"rendered":"https:\/\/bitunikey.com\/news\/trump-to-allow-americans-to-invest-retirement-funds-in-crypto\/"},"modified":"2025-10-16T16:28:37","modified_gmt":"2025-10-16T16:28:37","slug":"trump-to-allow-americans-to-invest-retirement-funds-in-crypto","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/trump-to-allow-americans-to-invest-retirement-funds-in-crypto\/","title":{"rendered":"Trump to allow Americans to invest retirement funds in crypto"},"content":{"rendered":"<p><\/p>\n<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">Republican Congressman Troy Downing is going to introduce a bill aimed at making Donald Trump\u2019s Bitcoin and Crypto 410(k) executive order into federal law. A representative of the congressman confirmed that Downing is going to introduce the bill on Oct. 21.\u00a0<\/p>\n<div id=\"cn-block-summary-block_83e7dee713b460413c0be43141e636d3\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>President Donald Trump signed an executive order allowing crypto and other \u201calternative assets\u201d in Americans\u2019 retirement plans on Aug. 7, 2025. The order was dubbed \u201c401k crypto Trump.\u201d<\/li>\n<li>On top of crypto, the order opens retirement accounts for investing in real estate and private equity.<\/li>\n<li>If Downing\u2019s bill becomes federal law, it may remove locks for $12 trillion in Americans\u2019 savings to flow into the crypto market.\u00a0<\/li>\n<li>Stocks of Bitcoin treasury companies were often promoted as the way to invest money from 401(k) accounts indirectly in Bitcoin. If the bill passes, it may weaken the position of treasury firms.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<h2 class=\"wp-block-heading\">Who is Troy Downing?<\/h2>\n<p><a rel=\"nofollow\" target=\"_blank\" target=\"_blank\" href=\"https:\/\/downing.house.gov\/\" rel=\"nofollow\">Troy Downing<\/a> became representative for Montana in 2025. Prior to joining the Congress, Downing worked as a securities and insurance auditor in Montana. On top of that, he served in the Air Force, founded several business ventures, and worked as a researcher and educator at New York University.\u00a0<\/p>\n<p>As a congressman, he advocated for reversing Biden-era crypto regulation in favor of a more industry-friendly approach. The 401(k) bill will become his first effort at championing crypto regulation in the House of Representatives. It\u2019s worth saying that before Downing introduced other bills, not associated with crypto. His efforts found bipartisan support in the House. However, there\u2019s no guarantee that the Retirement Investment Choice Act will enjoy the same level of support.<\/p>\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\">\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">\u201cWe need to make sure innovation is happening here in the United States of America. We need to make sure we have reasonable regulatory frameworks so that people want to develop things in the United States.\u201d\u00a0<\/p>\n<p>This crypto week, <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/twitter.com\/FinancialCmte?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">@FinancialCmte<\/a> and <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/twitter.com\/HouseGOP?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">@HouseGOP<\/a> are working to cement\u2026 <a rel=\"nofollow\" target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/t.co\/GsX0P1qp9H\">pic.twitter.com\/GsX0P1qp9H<\/a><\/p>\n<p>\u2014 Congressman Troy Downing (@RepTroyDowning) <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/twitter.com\/RepTroyDowning\/status\/1945257772745945349?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">July 15, 2025<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n<p>Downing advocated for the GENIUS and CLARITY acts during the White House Crypto Week that resulted in the GENIUS Act passage. He emphasized the importance of fostering innovation in the U.S. through \u201creasonable regulatory frameworks.\u201d\u00a0<\/p>\n<p>While Downing is pushing for looser regulation and opposes the Gary Gensler-era prohibitive approach to crypto, he is aware of possible risks. In March, he noted during his TV appearance:<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cWe need to have reasonable sideboards to make sure we don\u2019t have another big blow-up like we did with FTX and Sam Bankman-Fried.\u201d<\/p>\n<\/blockquote>\n<h2 class=\"wp-block-heading\">Retirement Investment Choice Act<\/h2>\n<p>Downing\u2019s bill is called the Retirement Investment Choice Act. According to the congressman, the bill would \u201csupercharge\u201d the financial safety of U.S. citizens thanks to the opportunity to use retirement savings accounts for investment in alternative assets.\u00a0<\/p>\n<p>Traditionally, retirement accounts were used for investment in bonds, stocks, and mutual funds. Trump\u2019s executive order allowed crypto, private equity, and real estate to be included in tax-advantaged 401(k) investment plans.\u00a0<\/p>\n<p>Trump\u2019s executive order tasked the Securities and Exchange Commission, the Labor Department, and the Treasury with adjusting their rules so that employees could invest in crypto, real estate, or private equity via their pension funds. The Downing bill\u2019s name reflects the increase in available investment options. The money previously locked out from investing in crypto is estimated at <a rel=\"nofollow\" target=\"_blank\" target=\"_blank\" href=\"https:\/\/www.tradingview.com\/news\/newsbtc:6583a478f094b:0-bitcoin-moves-into-12-trillion-sector-why-btc-in-401ks-is-a-big-deal\/\" rel=\"nofollow\">$12 trillion<\/a>.<\/p>\n<p>The \u201c401(k) crypto Trump\u201d is seen as a means to legitimize crypto in the eyes of the broad public, make it more available, and bring more stability to the market.\u00a0<\/p>\n<p>The federal law status will elevate Trump\u2019s order, making it a nationwide permanent norm.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<h2 class=\"wp-block-heading\">Competition with Bitcoin ETFs and Bitcoin treasury companies<\/h2>\n<p>Adoption of the Retirement Investment Choice Act may be another threat to the already weakening Bitcoin treasury firms\u2019 business. One of the selling points of Bitcoin treasury companies is that they allow people to use their retirement accounts to invest in Bitcoin held by these companies indirectly. It is possible to invest in these firms\u2019 stocks, which are supposed to bring higher yields than Bitcoin (or some other cryptocurrency) itself. To do so, the company\u2019s total stock value should exceed its total Bitcoin value.<\/p>\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\">\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Metaplanet trading below NAV.<br \/>TBH, I thought this was going to take longer. Metaplanet is the best-in-class international BTC DAT and the 4th largest BTC treasury holder.  <\/p>\n<p>The GOAT, <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/twitter.com\/search?q=%24MSTR&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">$MSTR<\/a>, still trades at c. 1.4x mNAV<\/p>\n<p>\u2014 Sunqu (@Sunqu22) <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/twitter.com\/Sunqu22\/status\/1978086471052476698?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">October 14, 2025<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n<p>Many of these companies fail to fulfill their promise. One of the latest examples is the 4th-biggest corporate Bitcoin holder, Metaplanet. Its stock is 97% down from the peak point. On Oct. 14, 2025, its total stock value dropped below the company\u2019s Bitcoin holdings, making its stock less profitable than the direct investment in Bitcoin.\u00a0<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<p>Such cases continue to snowball beginning from the second half of the summer of 2025. Sequans and Nakamoto are other notable examples of Bitcoin treasuries with stocks down 98% and 80% respectively.<\/p>\n<p>Bitcoin ETFs have been the main competitor of Bitcoin treasury companies in the TradFi sector, trying to make use of Bitcoin. Jack Mallers, the CEO of a Twenty-One Capital Bitcoin treasury with stock down nearly 60%, tried to explain why Bitcoin treasuries are better than Bitcoin ETFs, <a rel=\"nofollow\" target=\"_blank\" target=\"_blank\" href=\"https:\/\/fortune.com\/crypto\/2025\/07\/17\/bitcoin-treasury-firms-crypto-etfs-twenty-one-capital-ceo-jack-mallers\/\" rel=\"nofollow\">saying<\/a>:<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cWhat makes us uniquely different than an ETF is we\u2019re an operating company, so we\u2019re founded as a Bitcoin business with a core goal of increasing what we call Bitcoin per share. Our goal is to be the best way for the capital markets to participate in this Bitcoin story.\u201d<\/p>\n<\/blockquote>\n<p>If a $12 trillion capital gets unlocked for the 401(k) investment plans, Bitcoin treasury companies may lose a huge portion of investors, as many people would have an opportunity to invest in Bitcoin directly. Given the falling stock prices of these companies, they will have to offer more benefits to keep investors loyal.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<\/p><\/div>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Republican Congressman Troy Downing is going to introduce a bill aimed at making Donald Trump\u2019s Bitcoin and Crypto 410(k) executive order into federal law. A representative of the congressman confirmed&hellip;<\/p>\n","protected":false},"author":1,"featured_media":11533,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-13572","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/13572","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=13572"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/13572\/revisions"}],"predecessor-version":[{"id":13573,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/13572\/revisions\/13573"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/11533"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=13572"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=13572"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=13572"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}