On August 7, Eastern Time, Trump signed an executive order allowing U.S. 401(k) plans to invest in alternative assets, including Bitcoin and private equity, promoting the integration of the U.S. pension market with the cryptocurrency sector. With 9 trillion in pension funds potentially entering the crypto space, Bitcoin and Ethereum hit new all-time highs. Traditional financial giants, such as BlackRock and Fidelity, quickly launched retirement fund products linked to crypto assets, aiming to get a piece of the pie. The entire U.S. financial sector is celebrating in unison.