Former President Trump has signed an executive order allowing 401(k) retirement plans to invest in cryptocurrencies, alongside private equity and real estate. This move, announced on August 7, 2025, could affect $8.7 trillion in retirement funds, marking a significant shift in the U.S. pension system. The order aims to diversify investment options for pensions, introducing higher risks and volatility. While Bitcoin's price remained stable, Ethereum experienced a notable increase following the announcement. The inclusion of crypto assets in pension plans represents a major step towards mainstream acceptance, though concerns about high fees and liquidity issues remain.