After obtaining approval from the Israeli Securities Authority (ISA), six mutual funds tracking the price of Bitcoin will debut in Israel next week. These six companies will start operating on December 31, the same day, and will be provided 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 employ active management, attempting to outperform Bitcoin's performance.