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The Israeli financial landscape is set to shift with the impending launch of six Bitcoin-based mutual funds, marking a significant regulatory milestone.
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Following crucial approvals from the Israel Securities Authority, this initiative represents a growing acceptance of crypto assets within mainstream investment avenues in Israel.
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“The success of U.S.-based ETFs was the main catalyst that pushed the Bitcoin price substantially higher,” noted Eyal Goren, deputy CEO of IBI Funds.
Bitcoin Mutual Funds Set to Trade in Israel Following Regulatory Approval
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