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Australia · SPY

Can you buy the S&P 500 as a token in Australia?

Short answer: no. SPYx, the token sold on Pump.fun and Kraken, isn't offered to people living in Australia. Here's why, and what you can do instead.

Updated

Why you can't buy it here

xStocks, the stock tokens sold on Pump.fun and Kraken, aren't offered to people living in Australia, so we don't list them here.

What you can do instead

  • Australian brokers sell US-listed S&P 500 funds, and there are ASX-listed funds that track the S&P 500 too.
  • Check that the broker holds an Australian financial services licence on ASIC's register.

About the S&P 500

The S&P 500 is an index of about 500 of the biggest US listed companies, from Apple and Nvidia to banks and supermarkets. SPY, run by State Street, is the oldest US fund that tracks it, so one share gives you a small slice of all of them.

Other ways to get exposure to the S&P 500

Good to know in Australia

  • Crypto exchanges operating in Australia must register with AUSTRAC.
  • Australian brokers sell real US shares, which is usually the simpler route.
  • Gains may be taxable. A local tax adviser can tell you how.

Who regulates this

Full guide for Australia

Questions people ask

Can I buy SPYx in Australia?

No. xStocks, the stock tokens sold on Pump.fun and Kraken, aren't offered to people living in Australia, so we don't list them here.

Can I use a VPN to get around it?

Please don't. Getting around location blocks, sanctions or ID checks breaks the app's rules, can get your money frozen, and may be illegal.

What can I do instead?

Australian brokers sell US-listed S&P 500 funds, and there are ASX-listed funds that track the S&P 500 too.

Other stocks in Australia

Buying the S&P 500 from somewhere else?

Sources (14)
  1. 1.
    SPDR S&P 500 ETF Trust (SPY) fund page

    State Street Global Advisors · official

  2. 2.
    S&P 500 index page

    S&P Dow Jones Indices · official

  3. 3.
  4. 4.
    Australian Securities and Investments Commission (ASIC)

    Australian Securities and Investments Commission (ASIC) · regulator

  5. 5.
    AUSTRAC

    AUSTRAC · regulator

  6. 6.
  7. 7.
    Pump.fun Fees page

    Pump.fun · platform

  8. 8.
  9. 9.
    xStocks partner FAQ

    xStocks · official

  10. 10.
    Crypto assets (October 2026)

    ASIC Moneysmart · regulator

  11. 11.
    How to work out and report CGT on crypto

    Australian Taxation Office · official

  12. 12.
    CGT discount

    Australian Taxation Office · official

  13. 13.
    Choosing shares to buy

    ASIC Moneysmart · regulator

  14. 14.
    Claiming tax treaty benefits

    Internal Revenue Service · official

Last updated .