H.R. 7737: Savings and Early Exposure to Diversified Securities Act of 2026

This bill, known as the Savings and Early Exposure to Diversified Securities Act of 2026 or SEEDS Act of 2026, includes two main provisions regarding investment options for certain types of accounts known as Trump accounts.

Eligible Investments for Trump Accounts

The bill proposes to change the Internal Revenue Code to allow for digital asset indexes to be considered eligible investments within Trump accounts. Currently, the list of permitted investments does not include digital assets. By amending Section 530A of the Internal Revenue Code, the bill ensures that:

• Digital asset indexes can be added to the list of investment options available for Trump accounts, expanding the choices for account holders.
• This change will apply only to investments made after the bill is enacted.

Permanent Pilot Program for Contributions

The bill also aims to make a pilot program concerning contributions to Trump accounts a permanent feature. This involves amendments to Section 6434 of the Internal Revenue Code, which currently regulates how contributions to these accounts are managed. Key points include:

• Removal of the term "pilot" from the legal language, essentially ending the limited-time nature of the contributions program.
• Delinking the contributions program from the previously set expiration date, making it permanent for future taxable years starting after December 31, 2025.

Overall Impact

Through these provisions, the bill seeks to enhance the investment options available to account holders by including digital assets and ensuring that the contribution program remains available indefinitely, which could encourage more participation in Trump accounts.

Relevant Companies

• COIN - Coinbase Global, Inc.: As a major cryptocurrency exchange, this company's services could see increased usage if digital assets become more widely accepted for investments in Trump accounts.
• GBTC - Grayscale Bitcoin Trust: This product enables investors to gain exposure to Bitcoin through their investment accounts; any expansion of authorized investment types may impact its popularity.
• MARA - Marathon Digital Holdings, Inc.: A major player in Bitcoin mining, this company could benefit from an increase in retail investment in digital assets tied to Trump accounts.