Response from my superannuation fund when asked when they will include a spot Bitcoin ETF in their self managed product:
“We curate the ETF menu offered through (product name) annually through a review that is carried out by LONSEC. We will consider your request during future review, however, we have no immediate plans to introduce a bitcoin ETF considering among other things that crypto ETFs have only been recently introduced in the Australian market and have a short track record
Superannuation trustees are required to exercise due diligence in offering investment options under s52(6) of the SIS Act, and this includes externally managed ‘choice’ products such as ETFs. Additionally, APRA has stated that it expects to implement new requirements around crypto-assets at some point in 2025. These may provide greater clarity and further considerations for trustees.”
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