Australian self-managed superannuation funds (SMSFs) reported a 4% year-on-year decline in cryptocurrency holdings, according to data from the Australian Taxation Office (ATO). As of June 2025, SMSFs held A$3.02 billion (US$1.97 billion) in cryptocurrencies, down from A$3.12 billion in June 2024. This decrease comes despite a broader recovery in the cryptocurrency market. Simon Ho, head of SMSF strategy at Coinstash, suggested that the reported figures might be underestimated. He noted that the data is based on tax returns filed by June 30, 2025, with a filing deadline extending to May 2026, potentially affecting the accuracy of the reported holdings.