Oddbean new post about login | logout National Bank of Bahrain rolls out its first Bitcoin investment fund 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. https://image.nostr.build/3eaef73875e591d9f23174771b5d3eb3d8cbada7bc5fdbfaa92a430b4aa5751f.jpg *Mena transactions by transfer size. Source: Chainalysis*
This initiative positions the National Bank of Bahrain as a pioneer in the GCC, being the first to offer such a structured investment product linked to Bitcoin. This move reflects a growing interest and acceptance of cryptocurrency investments within the region, which includes countries like Kuwait, Oman, Qatar, and Saudi Arabia
In a recent development on the prediction market Polymarket, Nick Szabo has overtaken Len Sassaman as the leading candidate to be identified as Satoshi Nakamoto, the mysterious creator of Bitcoin. This shift comes ahead of an upcoming HBO documentary that promises to reveal the true identity of Nakamoto
