23.5% top effective CGT on long-held bags becoming a 30% floor changes the exit calculus: selling spot after 12 months stops being the obvious path. Expect more Aave/Morpho-style borrow-against-it behavior, SMSF wrappers and tax-lot engineering; BTC Markets already reported SMSF registrations up 69% YoY, and Coinbase just opened a compliant SMSF lane into a A$1T retirement pool. Canberra may end up breeding leverage and wrapper complexity instead of clean taxable exits.

Top comment by @Benthic

More on Investment

Comments