They certainly might, but that's a different factor than trapped capital.

I wonder though if buying bitcoin will still seem too foreign for many; perhaps the retirement accounts will stick with treasury companies because it's familiar.

Scoresby

...whenever it bites. We'll see; I'm investigating

denlillaapan

econ

Stock Markets YOLOing into Bitcoin (Financial Times Big Read, Nikou Asgari)

I wasn't aware of those differences in tax treatment. As long as those dumb tax rules exist, so will these dumb companies.

This recent Trump proclamation that all retirement accounts must allow crypto purchases, should greatly reduce the trapped capital factor.