Israel is about to welcome a new investment option in Bitcoin! After obtaining approval from the Israel Securities Authority, six mutual funds tracking Bitcoin prices will officially launch next week. These funds will start operating on the same day, December 31, marking a further opening of the Israeli market to cryptocurrency investments.

Executives from the investment company revealed that they have worked hard for more than a year to achieve this and finally obtained final approval last week. Although the process was lengthy, the thorough review by regulators provides investors with a safer investment environment. For investors paying attention to the dynamics of the crypto market, this is undoubtedly an event worth following. 📈💼