- Trump executive order allows Bitcoin in 401(k) retirement plans, potentially unlocking exposure to $12.5 trillion U.S. retirement assets.
- SBI Holdings launches world’s first Bitcoin ETF in Tokyo, targeting institutional investors such as pension funds, banks, and managers.
Bitcoin (BTC) is trading at $117,219, with a daily gain of +1.90%. This comes as BTC rebounds strongly, following a brief consolidation after reaching an all-time high of $123,236 in mid-July. The price has climbed over 8.2% in the last month and 25.5% year-to-date, showing continued investor confidence.
Two major catalysts are dominating today’s Bitcoin headlines. First, President Donald Trump signed an executive order permitting Bitcoin and other crypto assets to be held in 401(k) retirement plans.
This policy change could open the door to massive institutional capital inflows, as the U.S. retirement market currently holds over $12.5 trillion in assets. ETHNews analysts expect this to significantly increase Bitcoin’s mainstream legitimacy and long-term adoption.
Second, SBI Holdings, Japan’s largest bank, has confirmed the launch of the world’s first Bitcoin ETF on the Tokyo Stock Exchange, aimed at institutional investors. The ETF seeks to offer a compliant, regulated gateway into Bitcoin for Japanese pension funds, banks, and asset managers. This development places Japan at the forefront of institutional crypto finance in Asia.
On the technical side, Bitcoin is currently retesting the $117K–$118K support zone, a level previously tested during its April–June rally. If this support holds, analysts see upside potential back toward the $122K–$125K range.
If price weakens, a correction back to $112K–$113K remains the most likely pullback scenario. Momentum indicators are currently flashing neutral-to-bullish, suggesting a strong probability of continued upside if institutional flows remain steady.
