Bitcoin at $90K After House Letter – SEC Faces New 401(k) Crypto Deadline

 

    House Committee Demands SEC Action on Crypto in Retirement Funds

The letter directly references President Trump’s August 7, 2025, executive order, “Democratizing Access to Alternative Assets for 401(k) Investors.” That order mandated the SEC and the Department of Labor to review and dismantle barriers preventing alternative investments from being included in retirement plans. Bitcoin (BTC), trading at $90,304 (+0.08%), saw a slight uptick following the news.

Financial analysts also share these concerns, pointing to the lack of long-term data and regulatory clarity. Warren Buffett has previously stated that Bitcoin produces no cash flow, making it more akin to gambling than a productive investment

 ‘What is the prudent allocation?’. Expect asset managers to accelerate the development of institutionally-packaged crypto products designed specifically for the defined-contribution market, regardless of the SEC’s immediate response.