Internet reports that six mutual funds tracking bitcoin prices will make their debut in Israel next week after receiving approval from the Israel Securities Authority (ISA). The six companies will start operations on the same day on December 31 and will be provided by Migdal Capital Markets, More, Ayalon, Phoenix Investment, Meitav and IBI, with management fees ranging from 1.5% to 0.25%. One of the funds will adopt proactive management in an attempt to outperform Bitcoin's performance.