401(k) Crypto Retirement plans ‘bigger’ than Bitcoin ETF approval: analyst

Share via:


The inclusion of cryptocurrency in US retirement plans could mark a milestone for Bitcoin adoption and unlock billions of dollars in new capital, potentially pushing the asset above $200,000 by the end of 2025, according to André Dragosch, head of European research at crypto asset manager Bitwise. 

President Donald Trump paved the way for cryptocurrency inclusion in US 401(k) retirement plans by signing an executive order on Aug. 7, granting Americans access to digital assets through their retirement plans.

The inclusion of crypto in 401(k) plans may…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Popular

More Like this

401(k) Crypto Retirement plans ‘bigger’ than Bitcoin ETF approval: analyst


The inclusion of cryptocurrency in US retirement plans could mark a milestone for Bitcoin adoption and unlock billions of dollars in new capital, potentially pushing the asset above $200,000 by the end of 2025, according to André Dragosch, head of European research at crypto asset manager Bitwise. 

President Donald Trump paved the way for cryptocurrency inclusion in US 401(k) retirement plans by signing an executive order on Aug. 7, granting Americans access to digital assets through their retirement plans.

The inclusion of crypto in 401(k) plans may…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Website Upgradation is going on for any glitch kindly connect at office@startupnews.fyi

More like this

I tried looking for the best monitors under ₹8000...

I recently picked up a secondary PC and...

Go Digit grants Rs 87 Cr in employee stock...

Go Digit General Insurance has approved the grant...

Popular