Rep. Troy Downing has introduced the Retirement Investment Choice Act, aiming to legalize cryptocurrency investments in 401(k) plans by codifying a previous executive order from President Trump. The proposed legislation would require retirement plan sponsors to consider alternative assets, including Bitcoin and Ethereum, as viable investment options. Supporters of the bill argue that it could channel billions of dollars into the cryptocurrency market, potentially boosting its growth. However, critics express concerns over the volatility of cryptocurrencies and the fiduciary risks involved. The U.S. retirement system currently holds approximately $25 trillion, with Bitcoin and Ethereum ETFs being the primary crypto-exposed assets available to investors.