Odaily Planet Daily reported that after obtaining approval from the Israel Securities Authority (ISA), six mutual funds tracking Bitcoin prices will debut in Israel next week. These six companies will start operating on 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 employ active management in an attempt to outperform Bitcoin's performance. (Coindesk)