BlackRock's Bitcoin ETF (IBIT) Now Fuels Bitcoin-Backed Annuities for U.S. Retirement Plans

In a significant move for cryptocurrency adoption in traditional finance, Delaware Life Insurance Company has launched a new annuity product that integrates exposure to Bitcoin (BTC). This innovative retirement vehicle is powered by shares of BlackRock's iShares Bitcoin Trust (IBIT), a spot Bitcoin ETF. The product, named the "Bitcoin-linked annuity," allows U.S. retirees and savers to gain potential upside from Bitcoin's price movements within a tax-advantaged annuity structure. This development marks a pivotal step in making Bitcoin accessible to conservative investors and retirement portfolios through regulated, familiar financial instruments. The collaboration leverages BlackRock's credibility and IBIT's liquidity, potentially paving the way for broader institutional acceptance of digital assets in long-term savings plans.