PANews December 25 news, according to Calcalist, the Israel Securities Authority (ISA) has approved six mutual funds that track Bitcoin prices. These funds will launch simultaneously on December 31, 2024, initiated by institutions such as Migdal Capital Markets, More, Ayalon, Phoenix Investment, Meitav, and IBI. The management fees for the funds range from 0.25% to 1.5%, with one fund being actively managed, aiming to outperform Bitcoin's performance. Initially, these funds will trade only once a day, but continuous trading may be achievable in the future.
