Six Bitcoin Mutual Funds Set to Launch in Israel: A New Era for Crypto Investments
Thursday, Dec 26, 2024 8:13 pm ET
1min read We are excited to share that Israel is set to welcome six new Bitcoin mutual funds, marking a significant milestone in the country's financial sector. These funds, approved by the Israel Securities Authority (ISA), will debut on December 31, 2024, and will be available for purchase through banks and investment firms. This development aligns with the global shift towards embracing digital currencies within regulated financial systems.
Our lineup for the upcoming Bitcoin mutual funds in Israel:
- Phoenix Investment
- IBI-Kessem
- Meitav
- More
- Ayalon
- Migdal Capital Markets
These prominent mutual fund managers have been at the forefront of the digital currency industry, seeking to enter the market after engaging in regulatory talks and asking for permissions for two years. The launch of these funds is a natural step, given the increasing interest in cryptocurrencies among Israeli investors.
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