Which benchmark will most Israeli Bitcoin mutual funds track by end of 2025?
BlackRock's IBIT • 25%
S&P indices • 25%
Chicago Stock Exchange indices • 25%
Other • 25%
Fund prospectuses and official fund documentation
Israel to Launch Six Bitcoin Mutual Funds on December 31, Approved by ISA
Dec 25, 2024, 04:52 PM
Israel is set to launch six Bitcoin mutual funds on December 31, following approval from the Israel Securities Authority (ISA). These funds, which will be offered by companies including Migdal Capital Markets, More, Ayalon, Phoenix Investment, Meitav, and IBI, will allow Israelis to invest indirectly in Bitcoin. The funds will track various benchmarks, including BlackRock's IBIT, indices from S&P and the Chicago Stock Exchange, and one fund will be actively managed to outperform Bitcoin's performance. The management fees for these funds will range from 0.25% to 1.5%. Initially, the funds will operate with single daily transactions, but future iterations may feature continuous trading capabilities. The launch marks Israel's integration of digital currencies into its financial system, aligning with global trends in cryptocurrency investment.
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VanEck • 25%
Valkyrie • 25%
Other • 25%
BlackRock • 25%
Vanguard Bitcoin ETF • 25%
BlackRock's iShares Bitcoin Trust • 25%
Other • 25%
Fidelity Bitcoin ETF • 25%
Grayscale's Bitcoin Trust (GBTC) • 25%
Other • 25%
Fidelity's Wise Origin Bitcoin Fund • 25%
BlackRock's iShares Bitcoin Trust (IBIT) • 25%
Grayscale's Bitcoin Trust • 25%
Fidelity's Wise Origin Bitcoin Fund (FBTC) • 25%
BlackRock's iShares Bitcoin Trust • 25%
BlackRock's IBIT • 25%
Other • 25%
VanEck's Bitcoin ETF • 25%
Fidelity's FBTC • 25%
Other • 25%
Fidelity's FBTC • 25%
BlackRock's IBIT • 25%
Grayscale's GBTC • 25%
Fidelity Wise Origin Bitcoin Fund ($FBTC) • 25%
Other • 25%
Grayscale Bitcoin Trust ($GBTC) • 25%
iShares Bitcoin Trust ($IBIT) • 25%
Equal AUM • 25%
Other Cryptocurrency ETFs • 25%
Bitcoin ETFs • 25%
Ethereum ETFs • 25%
Other • 25%
BlackRock's IBIT • 25%
Fidelity's FBTC • 25%
Grayscale's GBTC • 25%
2.5% to 3.0% • 25%
3.0% to 3.5% • 25%
More than 3.5% • 25%
Less than 2.5% • 25%
ETF A • 25%
Other • 25%
ETF C • 25%
ETF B • 25%
No • 50%
Yes • 50%
Ayalon • 17%
Meitav • 17%
Phoenix Investment • 17%
IBI • 17%
Migdal Capital Markets • 17%
More • 17%