Author: SoSo Value
On August 7th, Trump issued an executive order that expanded the investment menu of the largest U.S. retirement fund pool—401(k) plan—from "traditional options" to "alternative buffet", with new items including private equity, real estate, and digital assets (such as Bitcoin and Ethereum). This is the first time in history that long-term funds totaling $9 trillion and covering 90 million Americans can start accessing the crypto market. Although this "elephant" may take six months to two years to truly step in, once it begins to move slowly, this stable and persistent buying pressure might become the source of a future "slow bull" market for crypto spot trading.
[The rest of the translation follows the same professional and accurate approach, maintaining the original structure and meaning while translating into English.]
