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Bitcoin Mutual Funds Set to Trade in Israel Following Regulatory Approval

BTC

BTC/USDT

$77,332.06
+1.97%
24h Volume

$12,010,386,674.58

24h H/L

$77,453.74 / $75,323.65

Change: $2,130.09 (2.83%)

Long/Short
46.9%
Long: 46.9%Short: 53.1%
Funding Rate

-0.0031%

Shorts pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$76,584.77

▲ 0.31%

Volume (24h): -

Resistance Levels
Resistance 3$84,542.84
Resistance 2$79,422.79
Resistance 1$76,734.83
Price$76,584.77
Support 1$75,641.71
Support 2$73,707.20
Support 3$71,926.08
Pivot (PP):$76,560.47
Trend:Sideways
RSI (14):56.4
DK
David Kim
(05:31 PM UTC)
1 min read

Contents

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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.

  • Following crucial approvals from the Israel Securities Authority, this initiative represents a growing acceptance of crypto assets within mainstream investment avenues in Israel.

  • “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.

DK

David Kim

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