Bitcoin in 401(k) plans is eventually going to happen

Timing is everything in life. When plan providers were trying to push Crypto in 401(k) plans, it took months for them to come to the market and the market crashed. I had Bitcoin at $69k with a $45k basis and saw it crash down to the teens. My basis is a lot lower now, and Bitcoin is rallying, many thanks for your support that the Securities and Exchange Commission will approve some Bitcoin and Ethereum-related exchange-traded funds.

If the ETFs get approved, I think the Department of Labor will have to rethink its opposition to crypto in 401(k) plans. There may be some concern left, but I think an exchange-traded fund will eliminate most of the hard opposition against offering it.

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