PANews reported on August 7th that Ryan Rasmussen, head of research at Bitwise, published a paper stating that if crypto assets comprise 1% to 10% of total 401(k) retirement account assets, the corresponding potential inflow would be $80 billion to $800 billion. Bitwise data shows that as of the second quarter of 2024, total assets in US 401(k) plans will approach $8 trillion.