Delaware Life partners with BlackRock to introduce bitcoin exposure in fixed index annuities

Jinse Finance reported that the American insurance company Delaware Life announced a partnership with BlackRock to launch the industry's first insurance product that provides investors with bitcoin exposure through a fixed index annuity. This product introduces the "BlackRock US Equity Balanced Risk 12% Index," achieving a portfolio allocation between US stocks and bitcoin through the iShares Core S&P 500 ETF and the spot bitcoin ETF IBIT, allowing participation in digital assets while ensuring principal protection. BlackRock stated that this move is based on the strong demand for IBIT, which currently manages nearly $76 billions in assets, and that US spot bitcoin ETFs have recently continued to attract capital inflows.