Australian Pension Giant Eyes Bitcoin Access For 2.2 Million Members
Australian pension fund Hostplus, managing $96 billion for 2.2 million members, is considering offering Bitcoin and digital asset access through its self-directed ChoicePlus investment option. This move responds to growing member demand and a 70% surge in self-managed super funds (SMSFs) registrations, largely driven by crypto investment interest. While regulatory approval is pending, Hostplus follows AMP's 2024 move into crypto via futures contracts. The fund emphasizes long-term readiness over haste, acknowledging the significant implications for Australia's $4.5 trillion superannuation system.
bitcoinist03/25 00:03
