Arab Bank Switzerland Launches Bitcoin Yield Product for Wealthy Clients
On June 20, 2025, at 05:06 WIB, Arab Bank Switzerland launched a new Bitcoin yield product for wealthy clients, as reported by crypto.news via X. This product, in collaboration with XBTO, utilizes an options-based "Diamond Hands" strategy to generate yield and accumulate Bitcoin during market downturns, building a custody partnership with Taurus since 2019.
This launch is supported by global regulatory clarity, including the GENIUS Act passed by the US Senate on June 17, 2025, and coincides with market volatility due to the Israel-Iran conflict. The product targets wealthy individuals, in line with a 350% surge in crypto transactions in Indonesia. Romain Braud, Head of Digital Assets, emphasizes its integration into wealth management services, leveraging Switzerland's reputation as a private banking hub.
Impact: This could encourage institutional crypto adoption, although it depends on market stability and regulation.