ChainCatcher news, six mutual funds tracking the price of Bitcoin (BTC) will be listed in Israel next week after receiving approval from the Israel Securities Authority (ISA).
These six companies will begin operations on December 31, the same day, which is a condition set by the regulatory authority. The final approval for these funds was obtained last week. Investment company executives stated, "The investment company has been pleading for ETF approval for over a year and began sending out prospectuses for Bitcoin funds mid-year. But the regulatory authority has acted independently. It must check the details."