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Israel has officially joined the Bitcoin boom by approving six new mutual funds focused on the digital asset. This significant development marks a crucial milestone in the country’s growing interest in the cryptocurrency market.
The recent launch of these funds is a direct result of the Israel Securities Authority (ISA) approval, which came last week. These six new mutual funds are being offered by prominent financial institutions such as Migdal Capital Markets, More, Ayalon, Phoenix Investment, Meitav, and IBI.
Source: coinpedia.org
