Israel Approves Investment Funds to Track Bitcoin Prices
26.12.2024 18:00 1 min. read Kosta Gushterov
Israel is making significant strides in the cryptocurrency space with a new move aimed at expanding Bitcoin investment options.
The Israel Securities Authority (ISA) has granted approval for six investment funds that will track Bitcoin’s price fluctuations. These funds are set to become available to the public on December 31.
Starting on that date, banks and investment firms will offer these funds to investors, allowing them to gain exposure to Bitcoin through various indices and strategies.
Leading Israeli investment firms, such as Migdal Capital Markets, Meitav, Ayalon, Phoenix Investment, More, and IBI, will manage these funds. The funds will come with management fees ranging from 0.25% to 1.5%.
Some of the funds will track U.S.-based Bitcoin ETFs, including BlackRock’s iShares Bitcoin Trust ETF (IBIT), while others will focus on actively managed strategies that aim to outperform Bitcoin’s price movements.
This new initiative allows Israeli investors to gain access to Bitcoin via the country’s fiat currency, making it more accessible for local investors.
-
1
Bhutan Moves $63 Million in Bitcoin to New Wallets
25.03.2025 11:00 1 min. read -
2
Mt. Gox Moves $1 Billion in Bitcoin Again – Will It Shake the Market?
25.03.2025 12:00 2 min. read -
3
Binance Research Highlights Bitcoin’s Growing Role in DeFi
15.03.2025 20:00 1 min. read -
4
Gold Hits New All-Time High While Bitcoin Waits for Its Next Rally
18.03.2025 16:04 2 min. read -
5
Pakistan Eyes Crypto Future with Energy-Powered Bitcoin Mining Initiative
24.03.2025 9:00 2 min. read
Lomond School Becomes First in UK to Accept Bitcoin for Tuition Payments
Lomond School in Scotland is set to make history as the first educational institution in the United Kingdom to accept Bitcoin for tuition payments, marking a significant step in the broader adoption of digital assets in traditional sectors.
Top Bitcoin Miners Generate Nearly $800M in Q1 2025
Bitcoin mining giants continued to thrive in early 2025, collectively generating close to $800 million in newly minted BTC as prices remained close to all-time highs.
Michael Saylor Doubles Down on Bitcoin Advocacy with New Call to “Buy the Future”
Michael Saylor, the outspoken Bitcoin advocate and founder of Strategy, has once again turned to social media to champion the cryptocurrency he consistently backs.
Cardano Founder Outlines ‘Fourth Generation’ Blockchain Vision in Paris
At Paris Blockchain Week, Cardano creator Charles Hoskinson took the stage to lay out his vision for what he sees as the next major chapter in blockchain’s evolution.
-
1
Bhutan Moves $63 Million in Bitcoin to New Wallets
25.03.2025 11:00 1 min. read -
2
Mt. Gox Moves $1 Billion in Bitcoin Again – Will It Shake the Market?
25.03.2025 12:00 2 min. read -
3
Binance Research Highlights Bitcoin’s Growing Role in DeFi
15.03.2025 20:00 1 min. read -
4
Gold Hits New All-Time High While Bitcoin Waits for Its Next Rally
18.03.2025 16:04 2 min. read -
5
Pakistan Eyes Crypto Future with Energy-Powered Bitcoin Mining Initiative
24.03.2025 9:00 2 min. read
