Bahrain's Central Bank has launched the country's first Bitcoin investment fund, providing institutional investors in the Gulf Cooperation Council (GCC) access to Bitcoin with downside protection.
The fund, developed in partnership with ARP Digital, aims to offer a secure and calculated approach to investing in digital assets.
Bahrain has been positioning itself as a regional crypto hub, with major companies obtaining licenses to operate in the country.
The launch of CBB's Bitcoin fund signifies a significant step towards institutional crypto adoption in the Gulf region.