What happened
CMC Invest reported an 87% year-on-year increase in clients trading crypto, with overall crypto trade volume jumping 89%. Bitcoin became the seventh most-traded non-ETF instrument on the platform, surpassing major traditional stocks such as Nvidia, Commonwealth Bank, and Tesla.
Why it matters here
Growing demand for continuous trading reflects a structural shift in retail investor behavior. Facing housing affordability hurdles, younger Australians are increasingly utilizing a combination of shares, ETFs, and digital assets to build wealth outside traditional stock exchange hours.
What to watch
Product announcements from domestic brokerage platforms expanding weekend and after-hours asset trading options.
Source
smh.com.au