BlockBeats News, January 21st, American Life Insurance Company based in Delaware partnered with BlackRock to offer a Bitcoin investment opportunity through a fixed index annuity. Its Balanced Risk 12% Index Fund is part of its fixed index annuity investment portfolio, combining traditional US stocks with Bitcoin exposure, primarily through investments in BlackRock’s iShares Core S&P 500 Index ETF and iShares Bitcoin Trust ETF. Institutional investor interest in a spot Bitcoin ETF continues to steadily rise.
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