An Australian retirement fund is considering letting its members invest in Bitcoin and other digital currencies.
A Rare Bitcoin Move
Hostplus, one of Australia’s largest pension funds with over A$150 billion in assets ($105 billion), is exploring an investment in cryptocurrency. According to Chief Investment Officer Sam Sicilia, this unusual step is being considered because of significant interest from some of the fund’s members, as reported by Bloomberg.
We’ve received requests from some members asking for the ability to use cryptocurrency, and there’s definitely interest in adding that option.
The fund is still being developed, and we’re still working out the financial details, particularly how to protect consumers, explained Sicilia. Launching it also hinges on getting the green light from regulators. However, the CIO isn’t concerned about the delay and is happy to give regulators the time they require.
We’re happy to wait another six months for regulatory approval if necessary. As long-term investors, a short delay like that doesn’t significantly impact our plans.
The plan could be implemented as early as the next financial year. According to Sicilia, the fund will include bitcoin and other digital assets in its Choiceplus investment option, allowing members to manage their own retirement savings. Currently, only about 1% of the fund’s assets are held within Choiceplus.
As a researcher following Hostplus, I understand they initially explored cryptocurrencies about ten years ago. A lot has changed with Bitcoin and the crypto market since then, of course. However, they’re not limiting their digital asset investments to just crypto. Their CIO mentioned they also plan to include things like music rights as part of their broader digital asset strategy.
We’re now taking another look at digital currencies, including not only Bitcoin but the wider variety of options available.
A Trillion-Dollar Industry
Australia’s retirement funds are merging into a smaller number of very large funds, and are expected to reach A$5.7 trillion by 2030. This concentrates investment control with just a few major players. Because of this, even a small investment in crypto by one of these large funds could be a significant indicator to global financial institutions, suggesting pensions are starting to adopt this new asset class.
So far, very few organizations have started investing in Bitcoin, with AMP’s move into Bitcoin futures in 2024 being a rare example. Most regulators and chief investment officers are still hesitant to include crypto in retirement funds, mainly because of its price swings and past declines from high points.
More and more investors are starting to see Bitcoin as a potential long-term investment or a way to diversify their portfolios. This trend has been boosted by recent changes in the US, like allowing more crypto options in retirement accounts and the approval of Bitcoin ETFs, which have made it easier for institutions to invest, as NewsBTC reported earlier this year.
Even a small amount of money entering the market from a fund of this size could have some impact, especially as institutional investors become more dominant. However, pension funds are still hesitant to adopt Bitcoin, and regulators remain cautious. This should be seen as an initial experiment, not a signal for widespread investment from superannuation funds.

Cover image from Perplexity, BTCUSD chart from Tradingview
Read More
- Gold Rate Forecast
- Dune 3 Gets the Huge Update Fans Have Been Waiting For
- Jack Osbourne Shares Heartbreaking Tribute to Late Dad Ozzy Osbourne
- 22 actors who were almost James Bond – and why they missed out on playing 007
- Every Creepy Clown in American Horror Story Ranked
- Antiferromagnetic Oscillators: Unlocking Stable Spin Dynamics
- Hazbin Hotel Secretly Suggests Vox Helped Create One of the Most Infamous Cults in History
- Dungeon Stalkers to end service on June 9
- Disney Promotes Thomas Mazloum To Lead Parks and Experiences Division As Josh D’Amaro Prepares To Become CEO
- Ahsoka Season 2 Will Officially Include 3 Marvel Actors
2026-03-25 12:42