Australian Retirement Funds See Decline in Cryptocurrency Holdings

According to Foresight News, Cointelegraph reports that Australia's self-managed superannuation funds (SMSFs) have experienced a decrease in cryptocurrency reserves. Data from the Australian Taxation Office reveals that as of June 2025, SMSFs held crypto assets valued at AUD 3.02 billion (approximately USD 1.97 billion). This marks a decline of about AUD 100 million compared to the AUD 3.12 billion reported in June 2024. The year-on-year reduction in crypto holdings amounts to approximately 4%, reflecting a shift in investment strategies among Australian retirement funds.