Overview
- Delaware Life added BlackRock’s U.S. Equity Bitcoin Balanced Risk 12% Index to its FIA lineup, introducing a Bitcoin-inclusive index option.
- The benchmark combines U.S. stocks and Bitcoin and targets 12% volatility by dynamically allocating to cash to temper price swings.
- Policyholders gain exposure indirectly via BlackRock’s iShares Bitcoin Trust rather than owning Bitcoin, with FIA credits typically subject to caps.
- The new index option is available on the Momentum Growth, Momentum Growth Plus, and DualTrack Income products.
- Delaware Life describes the move as a first for fixed indexed annuities, as IBIT has built tens of billions in assets and Wall Street has issued more than $530 million in ETF-linked structured notes.