<p>儘管唐納德·特朗普總統的政府對加密行業的支持已經相當明顯，但特朗普最近簽署了一項行政命令，允許 401(k) 賬户投資於包括房地產、加密貨幣和私募股權在內的替代投資。這可能會為加密貨幣，特別是全球最大的加密貨幣 <strong>比特幣</strong>（BTC 1.69%）提供顯著的助力。比特幣應該出現在你的 401(k) 中嗎？讓我們來看看。</p>
<h2>擴大投資者羣體</h2>
<p>儘管比特幣在過去十年的飛速上漲，但這一數字資產並不像高度流動的藍籌股那樣容易獲得。這是由於多種原因，包括對加密貨幣的懷疑以及使主流金融機構和投資者持有加密貨幣變得困難的監管措施。</p>
<p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84Mjg0NTcvdHJ1bXAtb2ZmaWNpYWwtd2gtcGhvdG8tYnktam95Y2Utbi1ib2dob3NpYW4uanBnJnc9NzAw?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84Mjg0NTcvdHJ1bXAtb2ZmaWNpYWwtd2gtcGhvdG8tYnktam95Y2Utbi1ib2dob3NpYW4uanBnJnc9NzAw"/></p>
<p>官方白宮照片，攝影：Joyce N. Boghosian。</p>
<p>顯然，近年來這一情況發生了很大變化，尤其是在特朗普上任後。特朗普政府消除了許多阻礙金融行業與加密貨幣之間的監管壁壘，而這項最新的行政命令可能會為比特幣和其他數字資產帶來一波新的買家。</p>
<p>“這是一個巨大的資本池。我們看到的……是能夠購買加密貨幣的渠道越來越寬廣，越來越多的途徑將人們帶入這個生態系統，”<strong>Galaxy</strong> 首席執行官邁克爾·諾沃格拉茨在接受 CNBC 採訪時表示。“當這變得司空見慣——當你可以在你已經在做生意的地方進行交易，無論是富達還是 T. Rowe Price，或者其他任何地方——你就會吸引更多的人進入這個生態系統。”</p>
<p>根據退休賬户數字轉移解決方案提供商 Capitalize 的分析，到 2023 年底，超過 7100 萬美國人可以使用 401(k) 賬户。根據投資公司協會的數據，到 2025 年第一季度，401(k) 計劃持有的資產達到 8.7 萬億美元。</p>
<p>雖然一些 401(k) 計劃已經可以投資於加密貨幣，但採用率仍然較低。政府問責辦公室在去年年底的一份報告中表示，根據調查數據，加密貨幣的投資在 401(k) 市場中 “不到 1%”，無論是按計劃、參與者還是資產計算。</p>
<h2>比特幣應該出現在你的 401(k) 中嗎？</h2>
<p>我確實認為在你的退休投資組合中持有一些比特幣是有道理的。許多投資者現在將比特幣及其 2100 萬枚的有限數量視為一種數字黃金，因此是一種對沖通貨膨脹和其他類型波動的方式。這是否真實還有待觀察，但它獲得如此廣泛的接受本身就是一項成就。此外，隨着更多的買家，包括機構投資者和可能的 401(k) 賬户持有者被引入，比特幣將受益。</p>
<p>儘管如此，我會提醒投資者不要在比特幣或任何加密資產上投入過多資金。該行業至今只有大約 15 年的歷史，我們仍然需要學習很多關於數字資產的知識。由於它們不產生現金流或收益，因此仍然很難對其進行估值，這意味着它們可能仍會繼續波動。</p>
<p>去年，<strong>黑石</strong> 發佈了一份報告，建議投資者可以在多資產投資組合中將最多 2% 的資本分配給比特幣，這感覺是合適的。持有比特幣的主要好處是它可能提供一種獨特的多樣化方式。然而，401(k) 投資者不需要承擔過多風險，因為通過長期投資的複利效應提供了一種安全、可靠的財富積累方法。</p>

GBTC

<p>特朗普總統簽署了一項行政命令，允許 401(k) 賬户投資於替代資產，包括比特幣等加密貨幣。這一舉措可能會顯著提高超過 7100 萬擁有 401(k) 賬户的美國人對比特幣的可及性。儘管比特幣被視為對抗通貨膨脹的工具，但專家建議保持謹慎，建議將投資組合中約 2% 的資金分配給比特幣，原因在於其波動性和加密市場尚處於初期階段。比特幣的多樣化潛力使其成為退休投資組合的一個吸引人選擇，但應避免過度風險</p>

<p>As if President Donald Trump's administration hasn't been supportive enough of the crypto sector, Trump recently signed an executive order that would let 401(k) accounts invest in alternative investments including real estate, cryptocurrencies, and private equity. This could prove to be a significant tailwind for crypto, particularly <strong>Bitcoin</strong>(BTC 1.69%), the world's largest cryptocurrency. Should Bitcoin be in your 401(k)? Let's take a look.</p>
<div class="lb-trans"><p>儘管唐納德·特朗普總統的政府對加密行業的支持已經相當明顯，但特朗普最近簽署了一項行政命令，允許 401(k) 賬户投資於包括房地產、加密貨幣和私募股權在內的替代投資。這可能會為加密貨幣，特別是全球最大的加密貨幣 <strong>比特幣</strong>（BTC 1.69%）提供顯著的助力。比特幣應該出現在你的 401(k) 中嗎？讓我們來看看。</p>
</div><h2>Widening the pool of investors</h2>
<div class="lb-trans"><h2>擴大投資者羣體</h2>
</div><p>Despite Bitcoin's meteoric rise during the past decade, the digital asset has not been as accessible as, say, a highly liquid blue-chip stock. That's due to a number of reasons ranging from skepticism about cryptocurrencies to regulations that made it difficult for mainstream financial institutions and investors to hold crypto.</p>
<div class="lb-trans"><p>儘管比特幣在過去十年的飛速上漲，但這一數字資產並不像高度流動的藍籌股那樣容易獲得。這是由於多種原因，包括對加密貨幣的懷疑以及使主流金融機構和投資者持有加密貨幣變得困難的監管措施。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84Mjg0NTcvdHJ1bXAtb2ZmaWNpYWwtd2gtcGhvdG8tYnktam95Y2Utbi1ib2dob3NpYW4uanBnJnc9NzAw" alt="" original-src="https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F828457%2Ftrump-official-wh-photo-by-joyce-n-boghosian.jpg&amp;op=resize&amp;w=700"/></p>
<p>Official White House Photo by Joyce N. Boghosian.</p>
<div class="lb-trans"><p>官方白宮照片，攝影：Joyce N. Boghosian。</p>
</div><p>Obviously, a lot of that has changed in recent years, and even more so since Trump took office. Trump's administration has removed many of the regulatory barriers standing between the financial industry and crypto, and this latest executive order could release a flurry of new buyers for Bitcoin and other digital assets.</p>
<div class="lb-trans"><p>顯然，近年來這一情況發生了很大變化，尤其是在特朗普上任後。特朗普政府消除了許多阻礙金融行業與加密貨幣之間的監管壁壘，而這項最新的行政命令可能會為比特幣和其他數字資產帶來一波新的買家。</p>
</div><p>&#34;That's a monster pool of capital. What we're seeing ... [is] the aperture of being able to buy crypto being widened and widened, [and] more avenues bringing people into the tent,&#34; <strong>Galaxy</strong> Chief Executive Officer Michael Novogratz said during an interview on CNBC. &#34;When it becomes commonplace -- when you can do it at the place you've already been doing business with, if its Fidelity or T. Rowe Price or whoever it is -- you just pull more people into this ecosystem.&#34;</p>
<div class="lb-trans"><p>“這是一個巨大的資本池。我們看到的……是能夠購買加密貨幣的渠道越來越寬廣，越來越多的途徑將人們帶入這個生態系統，”<strong>Galaxy</strong> 首席執行官邁克爾·諾沃格拉茨在接受 CNBC 採訪時表示。“當這變得司空見慣——當你可以在你已經在做生意的地方進行交易，無論是富達還是 T. Rowe Price，或者其他任何地方——你就會吸引更多的人進入這個生態系統。”</p>
</div><p>More than 71 million Americans had access to a 401(k) account at the end of 2023, according to an analysis by Capitalize, a provider of digital rollover solutions for retirement accounts. According to the Investment Company Institute, 401(k) plans held $8.7 trillion of assets at the end of the first quarter of 2025.</p>
<div class="lb-trans"><p>根據退休賬户數字轉移解決方案提供商 Capitalize 的分析，到 2023 年底，超過 7100 萬美國人可以使用 401(k) 賬户。根據投資公司協會的數據，到 2025 年第一季度，401(k) 計劃持有的資產達到 8.7 萬億美元。</p>
</div><p>While some 401(k) plans can already invest in cryptocurrencies, adoption has been low. The Government Accountability Office in a report at the end of last year said that based on survey data, investments in crypto are &#34;less than 1 percent of the 401(k) market, whether measured by plans, participants, or assets.&#34;</p>
<div class="lb-trans"><p>雖然一些 401(k) 計劃已經可以投資於加密貨幣，但採用率仍然較低。政府問責辦公室在去年年底的一份報告中表示，根據調查數據，加密貨幣的投資在 401(k) 市場中 “不到 1%”，無論是按計劃、參與者還是資產計算。</p>
</div><h2>Should Bitcoin be in your 401(k)?</h2>
<div class="lb-trans"><h2>比特幣應該出現在你的 401(k) 中嗎？</h2>
</div><p>I certainly think there is a case to be made for owning some Bitcoin in your retirement portfolio. Many investors now view Bitcoin and its finite amount of 21 million coins as a form of digital gold, and therefore a way to hedge inflation and other types of volatility. Whether it's true remains to be seen, but gaining as much widespread acceptance as it has is an accomplishment in its own right. Additionally, Bitcoin stands to benefit as a wider pool of buyers, both institutional and perhaps from 401(k) account holders, is introduced to the coin.</p>
<div class="lb-trans"><p>我確實認為在你的退休投資組合中持有一些比特幣是有道理的。許多投資者現在將比特幣及其 2100 萬枚的有限數量視為一種數字黃金，因此是一種對沖通貨膨脹和其他類型波動的方式。這是否真實還有待觀察，但它獲得如此廣泛的接受本身就是一項成就。此外，隨着更多的買家，包括機構投資者和可能的 401(k) 賬户持有者被引入，比特幣將受益。</p>
</div><p>That said, I would caution investors from investing too much of their account in Bitcoin or any crypto asset. The sector is still only about 15 years old and there is still a lot we need to learn about digital assets. They are still extremely difficult to value, given that they don't produce cash flow or earnings, meaning they still could continue to be volatile.</p>
<div class="lb-trans"><p>儘管如此，我會提醒投資者不要在比特幣或任何加密資產上投入過多資金。該行業至今只有大約 15 年的歷史，我們仍然需要學習很多關於數字資產的知識。由於它們不產生現金流或收益，因此仍然很難對其進行估值，這意味着它們可能仍會繼續波動。</p>
</div><p>Last year, <strong>BlackRock</strong> issued a report suggesting that investors could allocate as much as 2% of their capital in a multi-asset portfolio to Bitcoin, which feels about right. The main benefit of owning Bitcoin is that it could potentially offer a unique form of diversification. However, 401(k) investors don't need to be taking on excessive risk, as the power of compounding through long-term investing provides a safe, proven method for accumulating wealth.</p>
<div class="lb-trans"><p>去年，<strong>黑石</strong> 發佈了一份報告，建議投資者可以在多資產投資組合中將最多 2% 的資本分配給比特幣，這感覺是合適的。持有比特幣的主要好處是它可能提供一種獨特的多樣化方式。然而，401(k) 投資者不需要承擔過多風險，因為通過長期投資的複利效應提供了一種安全、可靠的財富積累方法。</p>
</div>

Should Bitcoin Be in Your 401(k)? President Trump Is About to Make It a Possibility.

- 特朗普簽署行政命令，允許 401(k) 賬户投資加密貨幣等替代投資。  
- 目前 401(k) 計劃持有 8.7 萬億美元資產，但加密投資佔比不足 1%。  
- 投資者應謹慎配置比特幣，建議不超過 2% 的投資組合。  

比特幣是否應該納入你的 401(k) 計劃？特朗普總統即將使這一可能性成為現實