Instrumententafel Angst & Gier Bergbaubecken Geldbörsen Wörterbuch Werben Facebook Twitter Telegram Reddit Youtube
Marktkapitalisierung:
24h Vol:
Kryptowährungen: 11975
Märkte: 92589
CoinInsight360.com logo CoinInsight360.com logo
ENG
EST
RUS
TUR
DEU
CHI
KOR
ITA
USD
USD
AED
AFN
ALL
AMD
ANG
AOA
ARS
AUD
AWG
AZN
BAM
BBD
BDT
BGN
BHD
BIF
BMD
BND
BOB
BRL
BTN
BWP
BYN
BZD
CAD
CDF
CHF
CLF
CLP
CNH
CNY
COP
CRC
CUC
CUP
CVE
CZK
DJF
DKK
DOP
DZD
EGP
ERN
ETB
EUR
FJD
FKP
GBP
GEL
GHS
GIP
GMD
GNF
GTQ
GYD
HKD
HNL
HRK
HTG
HUF
IDR
ILS
IMP
INR
ISK
JMD
JOD
JPY
KES
KGS
KHR
KMF
KPW
KRW
KWD
KYD
KZT
LAK
LBP
LKR
LRD
LSL
LYD
MAD
MDL
MGA
MKD
MMK
MNT
MOP
MRU
MUR
MVR
MWK
MXN
MYR
MZN
NAD
NGN
NIO
NOK
NPR
NZD
OMR
PAB
PEN
PGK
PHP
PKR
PLN
PYG
QAR
RON
RSD
RUB
RWF
SAR
SBD
SCR
SDG
SEK
SGD
SHP
SLL
SRD
SSP
STD
STN
SVC
SYP
SZL
THB
TJS
TMT
TND
TOP
TRY
TTD
TWD
TZS
UAH
UGX
UYU
UZS
VES
VND
VUV
WST
ZAR
ZMW
ZWL
A company that is changing the way the world mines bitcoin

WallStreet Forex Robot 3.0
Marktkapitalisierung
24h Vol
11975
Kryptowährungen
54.28%
Bitcoin Aktie
Invezz 2024-12-26 06:31:08

Bitcoin mutual funds to launch in Israel next week following regulatory approval

Bitcoin mutual funds to launch in Israel next week following regulatory approval

Six Bitcoin-tracking funds are set to launch in Israel next week, marking a major development in the nation’s cryptocurrency investment landscape. The funds, approved by the Israel Securities Authority, will begin trading on December 31 and will be accessible through banks and investment firms. The funds aim to replicate Bitcoin’s price movements using various indices and strategies. Some will track exchange-traded funds (ETFs) launched in the United States, including BlackRock’s iShares Bitcoin Trust ETF (IBIT), while one of the funds will be actively managed to outperform Bitcoin’s returns. As of December 25, the combined market capitalisation of Bitcoin ETFs globally stands at over $100 billion. These new Israeli funds are being launched by leading mutual fund managers, including Phoenix Investment, IBI-Kessem, Meitav, More, Ayalon, and Migdal. Management fees for the funds will range from 0.25% to 1.5%. Initially, transactions will be limited to one daily buy or sell order, reflecting Bitcoin’s price at that moment. The approval for these funds follows two years of persistent requests from asset managers, providing local investors with exposure to Bitcoin priced in the Israeli shekel. This initiative coincides with Israel’s ongoing exploration of a central bank digital currency (CBDC). Since May, the Bank of Israel has been developing its digital shekel under the “Digital Shekel Challenge.” The project encourages participants to create real-time payment systems using the digital currency, supported by a sandbox testing environment. The digital shekel initiative aims to boost competition among local banks while addressing privacy concerns raised by the public. The introduction of Bitcoin-tracking funds and the progress on the CBDC underscore Israel’s efforts to integrate cryptocurrency and blockchain technologies into its financial ecosystem. The rise of Bitcoin ETFs The launch of Bitcoin-tracking mutual funds in Israel comes at a time when crypto-based exchange-traded funds (ETFs) are experiencing remarkable success globally. Since their approval in January , US spot Bitcoin ETFs have rapidly gained traction, attracting billions in investor inflows and establishing themselves as prominent financial products in the cryptocurrency sector. According to data from SoSoValue, U.S. spot Bitcoin ETFs have garnered total inflows of $35 billion and collectively manage assets exceeding $100 billion. BlackRock’s iShares Bitcoin Trust (IBIT) leads this thriving market, reflecting strong investor confidence and growing demand for cryptocurrency-based financial instruments. Crypto ETF offerings are also continuing to evolve. Just last week, The cryptocurrency market achieved a major milestone with the approval of two groundbreaking ETFs by the US Securities and Exchange Commission (SEC) . The Hashdex Nasdaq Crypto Index US ETF and the Franklin Crypto Index ETF stand out by offering a unique proposition, combining spot Bitcoin and Ethereum investments into a single, streamlined package. These ETFs are expected to enhance accessibility for investors looking to gain exposure to the top cryptocurrencies, offering a more convenient way to invest in digital assets through traditional financial markets. The post Bitcoin mutual funds to launch in Israel next week following regulatory approval appeared first on Invezz

Meist gelesene Nachrichten



Cryptohopper
hardware wallets, hardware , wallets, Crypto Currency, Cryptocurrency hardware wallets, Crypto Apparal, crypto wallet, Cryptocurrency wallets

Marktkapitalisierung
24h Vol
54.28%
Bitcoin Aktie
485
Heute Nachrichten
Lesen Sie den Haftungsausschluss : Alle hierin bereitgestellten Inhalte unserer Website, Hyperlinks, zugehörige Anwendungen, Foren, Blogs, Social-Media-Konten und andere Plattformen („Website“) dienen ausschließlich Ihrer allgemeinen Information und werden aus Quellen Dritter bezogen. Wir geben keinerlei Garantien in Bezug auf unseren Inhalt, einschließlich, aber nicht beschränkt auf Genauigkeit und Aktualität. Kein Teil der Inhalte, die wir zur Verfügung stellen, stellt Finanzberatung, Rechtsberatung oder eine andere Form der Beratung dar, die für Ihr spezifisches Vertrauen zu irgendeinem Zweck bestimmt ist. Die Verwendung oder das Vertrauen in unsere Inhalte erfolgt ausschließlich auf eigenes Risiko und Ermessen. Sie sollten Ihre eigenen Untersuchungen durchführen, unsere Inhalte prüfen, analysieren und überprüfen, bevor Sie sich darauf verlassen. Der Handel ist eine sehr riskante Aktivität, die zu erheblichen Verlusten führen kann. Konsultieren Sie daher Ihren Finanzberater, bevor Sie eine Entscheidung treffen. Kein Inhalt unserer Website ist als Aufforderung oder Angebot zu verstehen