The share of cryptocurrencies in self-managed superannuation fund (SMSF) pension programs has fallen by 4% compared to last year, said the Australian Taxation Office (ATO).
According to ATO data, the volume of crypto assets in SMSF decreased from 3,119 million Australian dollars ($2.02 billion) in June 2024 to 3,018 million ($1.96 billion) in June 2025. The semi-annual report from the regulator states that the decline in the share of cryptocurrencies in Australians' retirement savings occurred despite the rapid price growth of most popular digital assets, such as Bitcoin and Ethereum. Experts at ATO believe this indicates a more mature and measured approach by SMSF investors to the issues of cryptocurrency market volatility.
According to the tax agency, young Australians from Generation Z (18–24 years old) and millennials (25–40 years old), who actively integrate cryptocurrency into their retirement savings through self-managed superannuation funds (SMSF), are facing a cost of living crisis and prefer diversified portfolios with a focus on the growth of stock and real estate values.
ATO experts' findings indicate a gradual shift in generational approach. Despite this demographic still viewing cryptocurrency investments as a way to outpace inflation, the risks of cryptocurrency market volatility, lack of knowledge, and regulatory barriers prompt caution.
Previously, the Australian division of the largest cryptocurrency exchange Binance received a directive from the Australian Financial Intelligence Agency (AUSTRAC) to conduct an independent audit of its operational activities in the country.
