Delaware Life Adds Bitcoin-Linked BlackRock Index to Annuity Products
According to Delaware Life, the new index blends U.S. equities with Bitcoin via BlackRock’s IBIT ETF, aiming for a 12% volatility target in select annuity offerings.
BTC
Fact Check
The evidence provides overwhelming and unanimous support for the statement. The most authoritative source is a primary press release from Group 1001, Delaware Life's parent company, which officially announces the launch of the Bitcoin-exposed annuity. This primary evidence is independently corroborated by multiple reputable news outlets, including a major financial portal and several well-regarded digital asset publications. There are no contradictions across any of the sources. Furthermore, one source provides the specific name of the index, the "BlackRock U.S. Equity Bitcoin Balanced Risk 12% Index," directly linking BlackRock to the Bitcoin-indexed product offered by Delaware Life. The consistency, high authority, and direct relevance of all provided sources confirm the statement is true.
Summary
Delaware Life Insurance Company announced an official partnership with BlackRock to add the U.S. Equities-Bitcoin Balanced Risk 12% Index to its Momentum Growth, Momentum Growth Plus, and DualTrack Income annuities. The index pairs U.S. stocks with Bitcoin exposure through BlackRock’s iShares Bitcoin Trust ETF (IBIT), seeking to maintain a 12% volatility target. This marks a regulated insurance product’s direct integration of cryptocurrency exposure alongside traditional assets.
Terms & Concepts
- iShares Bitcoin Trust ETF (IBIT): An exchange-traded fund by BlackRock providing indirect exposure to Bitcoin prices.
- Volatility Target: A strategy that adjusts portfolio exposure to maintain a set level of fluctuation or risk, in this case 12%.