The National Bank of Bahrain (NBB) has launched its first Bitcoin investment fund, targeting institutional investors in the Gulf Cooperation Council (GCC) region. The fund is structured to provide exposure to Bitcoin’s growth while protecting investors from potential losses by capping gains and offering 100% downside protection. This product, developed in collaboration with ARP Digital, reflects Bahrain’s growing role in the crypto space, alongside regional competitors like the UAE. Both nations are positioning themselves as crypto-friendly hubs by providing favorable regulatory environments and fostering digital asset innovation.