U.S. lawmakers press SEC on Dec. 11 to allow Bitcoin in 401(k)s; $12.5T retirement pool in focus

On Dec. 11, U.S. lawmakers sent a letter to SEC Chair Paul Atkins urging implementation of President Trump’s August 2025 executive order so 401(k) plans can include Bitcoin and other cryptocurrencies. With about $12.5 trillion in 401(k) assets and $43.4 trillion in total retirement savings, a 1–3% allocation could add significant demand for BTC, according to some analysts.