CryptoMediaClub
Monday, July 7, 2025
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
CryptoMediaClub
No Result
View All Result
Home All news

Israel Launching Six Bitcoin Mutual Funds Next Week: Report

25.12.2024
A A
0
120
VIEWS
ShareShare

Six Bitcoin mutual funds are slated to launch in Israel next week following last week’s approval by the Israel Securities Authority (ISA), Israeli newspaper Calcalist allegedly reported Wednesday.

Israel Securities Authority Approves Bitcoin Mutual Funds

According to CoinDesk – who was the first to publish a translated version of the news – the report states that the six mutual funds of the Satoshi Nakamoto-created cryptocurrency will formally debut on December 31.

Approved mutual funds include those operated by Migdal Capital Markets, Phoenix Investment, More, Ayalon, IBI, and Meitav.

“The investment houses have been pleading for more than a year for ETFs to be approved and started sending prospectuses for bitcoin funds in the middle of the year,” an unnamed investment executive told the media outlet.

Trump And Bitcoin’s Post-Election Surge

News of Israel’s mutual funds comes as Bitcoin’s value cools after a surge in light of the 2024 U.S. presidential election.

The coin spiked at an all time high of $108,000 on December 16 amid anticipation President-elect Donald Trump could significantly shift crypto regulation in the United States.

The New York-born businessman has all the more reason to champion a balanced blockchain regulatory framework given he helped to launch his family’s crypto platform World Liberty Financial earlier in the year.

“We will have regulations,” Trump stated at the Bitcoin 2024 Conference this past summer, adding, “but from now on, the rules will be written by the people who love your industry, not hate your industry.”

The former reality television star has long supported crypto-friendly American policy, vowing to replace current United States Securities and Exchange Commission chair Gary Gensler when he returns to the Oval Office.

Gensler, who has since announced his resignation from the federal regulator, will likely be replaced by former SEC commissioner Paul Atkins, Trump’s pick to spearhead the government agency.

🚨 SCOOP: Trump Taps Paul Atkins for Next SEC Chair, Making Good on His Crypto Promises
Atkins has been vocal in his support of the industry and was the first libertarian to serve as an SEC commissioner under President George W. Bush.
by @vronirwin
(link in next tweet) pic.twitter.com/moGtJGqbhb

— Laura Shin (@laurashin) December 3, 2024

As the current CEO of Patomak Global Partners, Atkins has clients within the crypto sector – with the crypto community speculating that he will likely show benevolence to the digital asset sector as a whole.

“Paul is a proven leader for common sense regulations,” Trump said in a recent Truth Social post. “He believes in the promise of robust, innovative capital markets that are responsive to the needs of investors, and that provide capital to make our economy the best in the world.”

The post Israel Launching Six Bitcoin Mutual Funds Next Week: Report appeared first on Cryptonews.

Share9Tweet6ShareSharePin2

Related Posts

US Secret Service Builds $400M Crypto War Chest From Seized Scams Over 10 Years
All news

US Secret Service Builds $400M Crypto War Chest From Seized Scams Over 10 Years

07.07.2025
0

The US Secret Service has built one of the world’s largest seized crypto war chests, confiscating nearly $400 million in...

Read moreDetails
[LIVE] Crypto News Today: Latest Updates for July 7, 2025 – “Fiat Is Hopeless”: Elon Musk Says ‘America Party’ Will Embrace Bitcoin

[LIVE] Crypto News Today: Latest Updates for July 7, 2025 – “Fiat Is Hopeless”: Elon Musk Says ‘America Party’ Will Embrace Bitcoin

07.07.2025
Russian Ministry Starts Compiling National Registry of Crypto Mining Rigs

Russian Ministry Starts Compiling National Registry of Crypto Mining Rigs

07.07.2025
Brazil’s Central Bank Hack Sparks $40M Crypto Laundering in BTC, ETH

Brazil’s Central Bank Hack Sparks $40M Crypto Laundering in BTC, ETH

07.07.2025
Drake Compares Love Life to Bitcoin Price Swings in New Lyrics

Drake Compares Love Life to Bitcoin Price Swings in New Lyrics

06.07.2025
Load More
Next Post
XRP Price Rises as Bitcoin Hits $98K – Altseason Starting?

XRP Price Rises as Bitcoin Hits $98K – Altseason Starting?

0 0 votes
Рейтинг статьи
Subscribe
Notify of
guest
guest
0 комментариев
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

Recommended

Bitcoiners are stacking ’em up: Inactive BTC supply hits all-time highs

Bitcoiners are stacking ’em up: Inactive BTC supply hits all-time highs

2 years ago
How to Buy Bitcoin in India: A Beginner’s Guide

How to Buy Bitcoin in India: A Beginner’s Guide

8 months ago
PEPE Token’s Remarkable Recovery Amidst Crypto Market Turmoil

PEPE Token’s Remarkable Recovery Amidst Crypto Market Turmoil

2 years ago
Tesla selling Bitcoin last year turned out to be a $500M mistake

Tesla selling Bitcoin last year turned out to be a $500M mistake

2 years ago

Categories

  • All news
  • Altcoins
  • Analysis
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
No Result
View All Result

Highlights

Brazil’s Central Bank Hack Sparks $40M Crypto Laundering in BTC, ETH

Drake Compares Love Life to Bitcoin Price Swings in New Lyrics

Ethereum Price Prediction: ETH Holds Narrow Range as ETF Demand Builds – Is a Breakout Near?

Mercado Bitcoin to Tokenize $200M in RWAs on XRP Ledger, Ripple Reveals

XRP Price Prediction: Is Consolidation Over? Crypto Michael’s Chart Hints at Explosive Move

Bitcoin Price Prediction: Post-$50B Whale Dump, BTC Price Holds Steady – Can Institutional Control Drive New Highs?

Trending

US Secret Service Builds $400M Crypto War Chest From Seized Scams Over 10 Years
All news

US Secret Service Builds $400M Crypto War Chest From Seized Scams Over 10 Years

07.07.2025
0

The US Secret Service has built one of the world’s largest seized crypto war chests, confiscating nearly...

[LIVE] Crypto News Today: Latest Updates for July 7, 2025 – “Fiat Is Hopeless”: Elon Musk Says ‘America Party’ Will Embrace Bitcoin

[LIVE] Crypto News Today: Latest Updates for July 7, 2025 – “Fiat Is Hopeless”: Elon Musk Says ‘America Party’ Will Embrace Bitcoin

07.07.2025
Russian Ministry Starts Compiling National Registry of Crypto Mining Rigs

Russian Ministry Starts Compiling National Registry of Crypto Mining Rigs

07.07.2025
Brazil’s Central Bank Hack Sparks $40M Crypto Laundering in BTC, ETH

Brazil’s Central Bank Hack Sparks $40M Crypto Laundering in BTC, ETH

07.07.2025
Drake Compares Love Life to Bitcoin Price Swings in New Lyrics

Drake Compares Love Life to Bitcoin Price Swings in New Lyrics

06.07.2025
  • All news
  • Altcoins
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
  • Analysis
Editor: cryptomediaclub.com@gmail.com
Advertising: digestmediaholding@gmail.com

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

wpDiscuz