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Coinbase exchange is actively developing services to cater to Australia's massive self-managed pension sector, which holds an estimated $600 billion in assets. The largest US crypto exchange is reportedly crafting a bespoke service to address the burgeoning demand for crypto products among Australian investors. Since self-managed super funds often make only a single allocation and then neglect them, Coinbase is aiming to provide a tailored offering that allows clients to actively manage their crypto investments. Data from the Australian Taxation Office reveals that self-managed pension portfolios constitute a quarter of the country's $2.5 trillion pension system, with AU$1 billion designated towards crypto assets. This allocation has retreated from its 2021 peak of AU$1.5 billion, likely due to reservations among some institutional money managers stemming from past scandals and high volatility in the crypto space. Despite these concerns, recent developments such as potential crypto exchange-traded funds (ETFs) and a surge in Bitcoin prices have resulted in an increase in crypto holdings within self-managed retirement accounts.Furthermore, Michael Houlihan, a prominent wealth management specialist, has issued a public warning against excessive exposure to risky assets. He emphasizes that a significant portion of a portfolio should not be allocated to high-risk investments. Notably, investors who have shown interest in cryptocurrencies typically fall within the age bracket of 40 and have relatively small account balances. This observation aligns with previous instances where Australians utilized DIY pension funds to speculate on cryptocurrencies, only to incur substantial losses. Such speculative endeavors lie outside the purview of the prudential regulator that oversees professionally managed funds. Interestingly, similar regulations are in place in other parts of the world, with the UK explicitly prohibiting self-managed pension funds from directly investing in Bitcoin or other cryptocurrencies.