President Donald Trump is preparing to sign an executive order that would open the U.S. 401(k) retirement system to investments in crypto, gold, and private equity, the Financial Times reported on Thursday.

Three people briefed on the matter said that the executive order would be signed as soon as this week, while a spokesperson from the White House noted that “no decisions should be deemed official” unless they come from the President.

This story is an excerpt from the Unchained Daily newsletter.

The move would open up the $9 trillion U.S. retirement market to crypto investments, and effectively reverse a Biden-era Department of Labor rule that discouraged 401(k) investments in crypto.

It comes as major investment firms like Blackstone, Apollo, and BlackRock anticipate a wave of new capital from retail retirement investors.