This investment vehicle will afford investors an opportunity to participate in BTC profits which will be limited as detailed below whilst having 100% loss on the downside.
“This structured investment offers new possibilities for ARP Digital investors seeking a plan for digital assets,” said Abdullah Kanoo, co-founder, and co-CEO of ARP Digital.
“Through our understanding of this innovative type of asset and complementing it with NBB’s proficiency in the financial sector, we have come up with a product which would enable the client to invest in Bitcoin while maintaining the highest level of security,” he added.
The Middle East and North Africa (MENA) region contributed to 7.5% of the global cryptocurrency transaction throughput from July 2023 to June 2024 which is estimated to be about $338.7 billion.
A majority of the transactions occurred at the institutional and professional investors level.
On the whole, the Bahrain first Bitcoin investment fund is a landmark development in Bahrain to prove its allegiance in the field of cryptocurrency and embrace itself as a forefront in the emerging world of cryptocurrencies as the financial solutions.
This move shows that Bahrain aims to develop a digital economy using Bahrain first Bitcoin investment opportunity that targets institutional investors, who seek safe investment in cryptocurrency.
