BlackRock’s Bitcoin Gambit: Insurance Meets Crypto!

BlackRock, ever the alchemist, has transmuted Bitcoin into a form palatable for the risk-averse. With a flourish, they’ve partnered with Delaware Life, embedding BTC into fixed index annuities-a realm where volatility is a four-letter word. Their index, a marriage of S&P 500 and Bitcoin’s chaos, now dances to the tune of 12% volatility, a dance so carefully choreographed it would make a tightrope walker weep with envy.

