Six mutual funds tracking Bitcoin prices will be listed in Israel on December 31

ChainCatcher news, after obtaining approval from the Israel Securities Authority (ISA), six mutual funds tracking the price of Bitcoin (BTC) will be listed in Israel next week.

The six companies will start operating on December 31, the same day, which is a condition set by the regulators. Investment company executives stated, "The investment companies have been pleading for ETF approval for over a year and began sending out prospectuses for Bitcoin funds mid-year. But the regulators have acted independently. They must check the details."