Australian Self-Managed Retirement Funds Increase Crypto Allocation by 400% in Four Years
Self-managed retirement funds in Australia have seen a 400% increase in allocation to cryptocurrency over the past four years, making it the largest growing asset class in these funds. As of September, these funds held a total of $658.6 million worth of cryptocurrencies, up from just under $131.5 million in the same quarter of 2019. However, the amount of crypto held in these funds has dropped 38% compared to the all-time high in the quarter ending June 2021. Despite this, local crypto exchanges offering crypto superannuation products are on the rise.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
FET, INJ, and PAAL Lead AI Agent Projects in Social Buzz Rankings
AI could destroy crypto within five years | Opinion
U.S. Department of Justice Makes Important Cryptocurrency Announcement
Nexchain ICO Hits $4M: 2025’s Hottest Crypto Presale for June?
Nexchain is redefining crypto presales in 2025 with AI-powered speed, low fees, and real utility—455% ROI potential and \$4M+ raised already.Why Join the Nexchain Crypto Presale Now?Nexchain: Your Best Shot at Catching the Next Big 10x Crypto

Trending news
MoreCrypto prices
More








