According to BlockBeats, six mutual funds tracking Bitcoin prices will debut in Israel next week after approval by the Israel Securities Authority on December 25. The six companies will begin operations on the same day, December 31, 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 be actively managed in an attempt to outperform Bitcoin.
