BlockBeats News, December 25th, according to Coindesk report, after receiving approval from the Israel Securities Authority (ISA), six mutual funds tracking the price of Bitcoin will debut in Israel for the first time next week. These six companies will all begin operations on the same day, December 31st, and will be provided by Migdal Capital Markets, More, Ayalon, Phoenix Investment, Meitav, and IBI respectively, with management fees ranging from 1.5% to 0.25%. One of the funds will use active management, attempting to outperform Bitcoin's performance.