Reported 3 days ago
Israel is set to debut six mutual funds tracking bitcoin's value on December 31, following their approval by the Israeli Securities Authority. This move comes as investments in bitcoin soar amid increasing regulatory acceptance and institutional interest, likely strengthening the country's emerging digital asset sector. Prominent investment houses such as Meitav, IBI, and Phoenix Investment are among those launching these funds, amidst a backdrop of successful bitcoin ETFs in the U.S. and other markets.
Source: YAHOO