Trump Accounts launch with more than 6 million children enrolled

Trump Accounts began trading on July 6 with the White House saying more than 6 million accounts had been requested and roughly $800 million in new capital was expected to enter markets this week through federal seed money and private contributions. The program gives a $1,000 government-funded investment to eligible U.S. citizen children born between Jan. 1, 2025, and Dec. 31, 2028, while keeping investments limited to diversified stock index funds that cannot be accessed until adulthood. President Trump, after remotely ringing the opening bells of the New York Stock Exchange and Nasdaq from the Oval Office, responded to a question about adding bitcoin by saying, “I’m a big crypto guy,” but no digital-asset option has been announced and any such shift would likely require regulatory or legislative change. The White House said more than 86% of requests came from families earning less than $200,000 a year, while more than 50 companies and donors including Michael and Susan Dell and SpaceX president Gwynne Shotwell committed support for employees’ children or broader account holders.