The Bitcoin investment fund is designed for institutional investors and will offer exposure to BTC gains capped at a predefined threshold, with 100% loss protection on the downside.
The National Bank of Bahrain has announced the launch of its first Bitcoin investment fund, designed for institutional investors in the Middle East’s Gulf Cooperation Council, formed by Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates (UAE).
According to local media reports, the fund was developed in partnership with digital asset firm ARP Digital. The investment vehicle will offer investors exposure to Bitcoin (BTC) gains capped at a predefined threshold, with 100% loss protection on the downside.
“This structured investment opens new doors for investors seeking a calculated approach to digital assets,” said Abdullah Kanoo, co-founder and co-CEO of ARP Digital. “By leveraging our expertise in digital assets and NBB’s extensive reach in the financial sector, we have created a product that introduces Bitcoin exposure within a highly secure framework,” he added.
