Delaware Life Insurance Launches Innovative Bitcoin-Linked Annuity
Delaware Life Insurance Company has launched a groundbreaking initiative within its retirement annuity offerings by introducing an index with limited exposure to Bitcoin. Collaborating with BlackRock, this index merges U.S. equities with a strategically managed allocation to Bitcoin, accessed through BlackRock’s iShares Bitcoin Trust ETF. This innovative approach allows investors to engage with Bitcoin price changes without the need for direct cryptocurrency ownership, aligning with both industry trends and regulatory compliance requirements.
This index will be integrated into three of Delaware Life's fixed indexed annuity offerings, designed with volatility controls to cap fluctuations at around 12%. Fixed indexed annuities provide a secure option for protecting principal investments while enabling tax-deferred growth by tying returns to referenced market indices rather than direct asset ownership. As a key player in the annuity market, Delaware Life has reported surpassing $40 billion in cumulative annuity sales as of November 2025. Meanwhile, BlackRock's global reach in asset management has been underscored by its Bitcoin ETF, launched in January 2024, achieving a market capitalization exceeding $70 billion and solidifying its position as the largest spot Bitcoin fund.
Insurance companies like Meanwhile Group and Tabit are steering a trend toward integrating Bitcoin-linked investment strategies. Since its inception in June 2023, Meanwhile Group, offering Bitcoin life insurance, has raised $82 million, catering to the increasing demand for Bitcoin-denominated financial products. Similarly, Tabit, based in Barbados, bolsters its balance sheet with Bitcoin, raising $40 million for its regulatory reserves to sustain conventional U.S. dollar-denominated insurance products. This industry shift signifies the financial sector's adaptation to emerging asset classes such as cryptocurrencies, while navigating governance and risk management challenges.