BlockBeats news, on December 25, according to Coindesk, after receiving approval from the Israel Securities Authority (ISA), six mutual funds tracking Bitcoin prices will debut in Israel next week. These six funds will start operating on the same day, December 31, and will be managed by Migdal Capital Markets, More, Ayalon, Phoenix Investment, Meitav, and IBI, with management fees ranging from 1.5% to 0.25%. One of the funds will adopt active management, attempting to outperform Bitcoin's performance.