The hostages entered Israel via the Kerem Shalom border crossing from Egypt.
In turn, buses carrying former Palestinian prisoners arrive from an Israeli prison in the West Bank settlement of Beituniya, Al-Aqsa TV broadcaster reported.
Earlier in the day, Israel released 39 Palestinian prisoners as part of the truce deal, Qatari Foreign Ministry spokesman Majed Mohammed Al-Ansari said.
"We also confirm the release of 39 women and children held in Israeli prisons, as part of the implementation of the commitments of the first day of the agreement," the spokesman wrote on X.
The International Committee of the Red Cross (ICRC) on Friday confirmed the release of 24 hostages from the Gaza Strip.
“We are relieved to confirm the safe release of 24 hostages. We have facilitated this release by transporting them from Gaza to the Rafah border, marking the real-life impact of our role as a neutral intermediary between the parties,” the ICRC wrote on X.
The four-day ceasefire between Israel and Hamas began on Friday morning at 7 a.m. local time (05:00 GMT). The deal involves a temporary cessation of hostilities and the release of 50 Israeli hostages in exchange for 150 Palestinian prisoners.
On October 7, Hamas launched a surprise rocket attack against Israel from the Gaza Strip and breached the border, killing around 1,200 people and abducting over 200 others in neighboring Israeli communities. Israel launched retaliatory strikes and ordered a complete blockade of the Gaza Strip, cutting off supplies of water, food, and fuel. On October 27, Israel launched a large-scale ground incursion inside the Gaza Strip with the declared goal of eliminating Hamas fighters and rescuing the hostages.