Six mutual funds tracking Bitcoin prices will officially launch in Israel next week after obtaining approval from the Israel Securities Authority (ISA). 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. Management fees will range from 1.5% to 0.25%. One of the funds will be actively managed and try to outperform Bitcoin. (Coindesk)