Many countries around the globe are beginning to show interest in crypto and Bitcoin-related investment products.
Just recently, the National Bank of Bahrain (NBB) has announced a collaboration with APR Digital to roll out the GCC’s inaugural Bitcoin-linked structured investment fund.
This initiative aims to provide accredited investors with direct exposure to Bitcoin, reinforcing the country’s commitment to enhancing cryptocurrency adoption. Currently, Bahrain is recognized as one of the nations with significant Bitcoin holdings.
This new investment fund is a pioneering effort in the GCC region, which includes Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates.
Hisham AlKurdi, NBB’s Group Chief Executive for Markets & Client Solutions, expressed enthusiasm about this structured investment, highlighting its blend of digital asset exposure and capital protection.
He stated that the product exemplifies the bank’s dedication to delivering innovative and secure investment options for wealth management clients.
Institutional interest in Bitcoin is heating up again, with major asset managers making massive moves.
Tokyo-listed Metaplanet has kicked off its aggressive Bitcoin acquisition plan by securing 74.9 billion yen ($515 million) through new share issuance — the first step in its bid to own 1% of Bitcoin’s total supply.
Trump Media & Technology Group (TMTG), the company behind Truth Social, is ramping up its entry into the crypto investment world.
Investor enthusiasm for U.S.-listed spot Bitcoin ETFs has reached a fresh high, with over $2.2 billion pouring in over the past 11 trading days.