According to Foresight News and Coindesk, the Israel Securities Authority (ISA) has approved six mutual funds that track the price of Bitcoin, which will launch simultaneously on December 31, 2024, by institutions such as Migdal Capital Markets, More, Ayalon, Phoenix Investment, Meitav, and IBI. The fund management fees range from 0.25% to 1.5%, with one fund being actively managed, aiming to outperform Bitcoin's performance. Initially, these funds will only trade once daily, but continuous trading may be possible in the future.

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