Happy Thursday, advisors!

In today’s newsletter, David Lawant, head of research at Anchorage Digital reviews crypto’s evolving role in 401(k)s, as regulatory clarity is poised to open up investments.

Then, in Ask an Expert, Kevin Tam answers questions about crypto adoption around the world looking at the recent 13F filings.

Happy Reading.

Modernizing the nest egg: the past, present, and future of crypto in 401(k) plans

The United States retirement system is about to reach a structural inflection point. For over a decade, the $10 trillion 401(k) market remained insulated from crypto assets due to regulatory ambiguity and litigation concerns. However, a decisive shift in federal policy is transforming 2026 into the year of integration,…