Delaware Life partners with BlackRock to launch fixed index annuity, introducing IBIT to provide Bitcoin exposure.

Techub News reports that Delaware Life Insurance Company in the United States has partnered with BlackRock to incorporate the "BlackRock US Equity Bitcoin Balanced Risk 12% Index" into its Fixed Index Annuity (FIA) portfolio, launching a fixed index annuity product that provides exposure to Bitcoin. The announcement states that this index integrates US equities and Bitcoin within the same index framework, targeting a volatility of 12%, and employs dynamic cash adjustments to smooth out Bitcoin's volatility. Its Bitcoin exposure will be achieved through the iShares Bitcoin Trust ETF (IBIT).