BlackRock’s IBIT powers new bitcoin annuity for U.S. retirees via Delaware Life

Delaware Life Insurance Company said it has become the first U.S. insurer to offer a cryptocurrency-linked investment within a fixed index annuity (FIA) after partnering with BlackRock. The company announced Tuesday it will add the BlackRock U.S. Equity Bitcoin Balanced Risk 12% Index to its FIA product suite, giving investors a new way to access bitcoin returns while protecting their principal. The index blends U.S. equities with bitcoin exposure through BlackRock’s iShares Bitcoin Trust ETF (IBIT). It ...

BlackRock’s IBIT powers new bitcoin annuity for U.S. retirees via Delaware Life - Reportify