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Israel to introduce six Bitcoin mutual funds by December 31, 2024

Six Bitcoin mutual funds are set to launch in Israel next week, approved by the Securities Authority. Notable firms like Migdal Capital Markets and Phoenix Investment will manage them, marking a notable step toward crypto integration.

Bitcoin reached an impressive price of 108,000 USD following speculation about new regulatory changes under Donald Trump. His administration is expected to benefit the cryptocurrency sector, amplifying investor Optimism in the market.

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