Can an SMSF invest in cryptocurrency or digital assets legally?

Yes. SMSFs can invest in cryptocurrency such as Bitcoin, provided it complies with the investment strategy and super laws. The assets must be held in the SMSF’s name, not a personal account. Volatility, security, and record-keeping are major considerations. Annual audits will require evidence of ownership and valuation.

Please review the ATO guidance on Crypto Investments and see a licensed financial planner before investing.

Navigating SMSF crypto assets | Australian Taxation Office