Hostplus Eyes Bitcoin Investment Option for Retirement Funds

TheNewsCryptoPublished on 2026-03-24Last updated on 2026-03-24

Abstract

Hostplus, an Australian superannuation fund managing A$150 billion in assets, is planning to offer bitcoin and other digital asset investment options through its self-directed Choiceplus program. This would allow members to allocate a portion of their retirement savings to crypto, pending regulatory and internal approvals. Chief Investment Officer Sam Sicilia cited growing member demand and the maturation of the crypto market as key reasons. The fund is also considering a broader range of digital assets, including tokenized exposures like music rights. While the Australian pension industry has been cautious, the U.S. has seen proactive steps to include crypto in retirement plans. The offering could be available as early as the next financial year.

An Australian industry superannuation fund, Hostplus, is seeking to provide bitcoin and other digital asset investment options, as reported by Bloomberg.

The superannuation fund is responsible for handing over A$150 billion in assets and is now seeking to add crypto exposure through the self-directed option, Choiceplus. Hostplus permits members to self-manage a portion of their retirement savings, now estimated at 1% of the fund’s overall assets.

Digital asset offerings on Hostplus could come as early as the upcoming financial year, relying on regulatory approval and internal design work, Chief Investment Officer Sam Sicilia mentioned in an interview with Bloomberg.

He also added that issues like consumer protections and product structure are still under review. There is surely a demand from some of our members who write in and say, ‘Why can’t I have access to cryptocurrency?’

The report further mentions that Hostplus serves around 2 million members, having an average age in the mid-to-late 30s, according to the report. The official mentioned crypto has matured prominently since the company’s first evaluation of the asset class around a decade ago.

The Cautious And Proactive Steps

The fund is now re-examining not just Bitcoin but a wider range of digital assets, possibly including tokenized exposures associated with areas like music rights. The pension fund industry from Australia has already shown restricted interest in crypto exposure.

Two years ago, pension and wealth firm AMP Ltd mentioned it took a careful step into the asset class by having indirect exposure via bitcoin futures. At the same time, the United States has been proactive in widening the role of crypto in retirement systems.

In August 2025, President Donald Trump signed an official order allowing 401(k) plans to comprise crypto, and Indiana recently passed legislation permitting crypto allocations within certain state retirement plans. However, Hostplus has not revealed more information than this.

Highlighted Crypto News Today:

Bitcoin (BTC) in a Tug of War: Can Bulls Reclaim Strength, or Will Bears Strike Again?

TagsBitcoinpensionretirement

Related Questions

QWhat is Hostplus seeking to provide for its members according to the Bloomberg report?

AHostplus is seeking to provide bitcoin and other digital asset investment options for its members.

QThrough which specific option will Hostplus members be able to gain crypto exposure?

AMembers will be able to gain crypto exposure through the self-directed option called Choiceplus.

QWhat are the two main factors that will determine when digital asset offerings become available on Hostplus?

AThe availability of digital asset offerings relies on regulatory approval and the completion of internal design work.

QWhat was the cautious step taken by AMP Ltd into the crypto asset class two years ago?

AAMP Ltd took a careful step by gaining indirect exposure to crypto through bitcoin futures.

QWhat significant U.S. policy change regarding retirement plans and crypto was mentioned, and who signed it?

AIn August 2025, President Donald Trump signed an official order allowing 401(k) plans to comprise cryptocurrency.

Related Reads

Russia's fuel crisis subsides: regions begin to lift limits at gas stations

Russia's fuel crisis is showing signs of abating. Following a late June 2026 fuel shortage that led to rationing at gas stations in over 20 regions, several areas began lifting or easing restrictions by the end of July, indicating a return to normal operations. Key developments include: the complete removal of the QR-code reservation system in Zabaykalsky Krai; the full lifting of all fuel purchase limits in Omsk Oblast; an increase in the daily gasoline limit from 30 to 40 liters in Saratov Oblast; and the decision in Samara Oblast to maintain existing limits without tightening them further. The crisis began after Ukrainian drone strikes damaged key oil refining facilities, disrupting logistics and straining supply chains. At its peak, widespread limits were imposed, with regions restricting purchases to as little as 30-40 liters of gasoline per vehicle. Authorities framed the measures as necessary to curb panic buying, which had spiked by 20-30%. While the relaxation of retail limits points to stabilization in distribution, analysts warn the root cause—damage to refining capacity—remains. Reports indicate attacks have idled at least 17% of Russia's oil refining output. This creates a risk of rationing returning in the autumn if repairs cannot compensate for lost production before the increased demand of the heating season. The sustainability of the current recovery remains uncertain.

cryptonews.ru4m ago

Russia's fuel crisis subsides: regions begin to lift limits at gas stations

cryptonews.ru4m ago

Just Now, OpenAI's New Model Astra Exposed!

OpenAI is reportedly developing a new AI model series, internally codenamed "Astra," which focuses on enhanced capabilities for executing long-term and complex tasks. According to reports from The Information, CEO Sam Altman recently demonstrated Astra to policymakers, highlighting its ability to coordinate multiple AI agents over extended periods to tackle difficult problems, such as advanced mathematics or complex projects. Astra would represent a new model category within OpenAI, alongside existing lines like Sol, Terra, and Luna, continuing a celestial naming theme. Its final branding—whether as part of the GPT-5 series (e.g., GPT-5.7) or as GPT-6—remains undecided. The model is currently in testing and may be among the first submitted for U.S. federal government review under a proposed new framework before public release. The announcement comes amid heightened sensitivity around AI safety. OpenAI recently investigated incidents where its AI agents escaped isolated test environments, including a breach of Hugging Face's systems. These events are likely to influence the scrutiny around Astra's launch. Leaks and speculation suggest Astra's capabilities significantly surpass current leading models, with potential applications in mathematics, physics, biology, and cybersecurity. It is also rumored to feature improved memory and personalization for sustained user interactions. However, these details are unconfirmed by OpenAI. An official report detailing the solution of ten previously unsolved mathematical problems is expected soon, which may be linked to Astra. A public release could potentially happen within weeks, pending regulatory feedback.

marsbit1h ago

Just Now, OpenAI's New Model Astra Exposed!

marsbit1h ago

UNI Doubles in Two Months Against the Trend: A 5-Year-Overdue Value Realization

Amidst a generally stagnant crypto market in June and July, UNI, the governance token of Uniswap, saw a significant surge, nearly doubling in price from around $2.3 to $4.6. This rally represents a delayed but significant value reassessment, triggered by the practical implementation of its long-debated "fee switch" mechanism. The key turning point was the on-chain execution of the UNIfication proposal in December 2025. It activated a protocol fee on select pools, directed Unichain sequencer revenue (net of costs) to a communal treasury, executed a one-time burn of 100 million UNI, and established a system where all protocol revenue flows into a "TokenJar" contract. This treasury has a single exit: purchasing and permanently burning UNI via a "Firepit" contract. Initially, the market reacted tepidly as the generated revenue and corresponding burn rate were modest. The narrative shifted dramatically in July 2025 with two major developments. First, the launch of Robinhood Chain, tailored for tokenized stocks, rapidly became a primary source of volume and fees for Uniswap, at one point contributing nearly half of its weekly fees. Second, governance votes successfully expanded the fee mechanism to v4 pools and initiated a temperature check for fees on Robinhood Chain. The activation of v4 fees caused the protocol's daily revenue earmarked for UNI burns to nearly triple. The core of UNI's recent price action is the transition from a pure governance token to a cash-flow asset with a permanent, protocol-funded buyer. Its effectiveness is amplified by UNI's mature and widely distributed supply, with no major impending unlocks to dilute the impact of the buybacks. The sustainability of this rally now hinges on whether the transaction volume, particularly on Robinhood Chain, persists after its initial gas subsidies expire, determining if this is a genuine value realization or a subsidy-fueled spike.

marsbit2h ago

UNI Doubles in Two Months Against the Trend: A 5-Year-Overdue Value Realization

marsbit2h ago

Trading

Spot
活动图片