Equitable Introduces Bitcoin-Linked Annuity Option for Retirement Investors

Equitable has introduced a bitcoin-linked investment option within its registered index-linked annuity products. This move marks another effort by insurers to bring cryptocurrency exposure into retirement products.

The new option is tied directly to the iShares Bitcoin Trust ETF (IBIT), allowing investors to participate in bitcoin's performance while receiving a measure of downside protection. Allocations will generally be limited to 25% of a contract's value, according to Equitable.

Steve Scanlon, managing director and head of individual retirement at Equitable, stated that the company had received inquiries about a bitcoin-linked option for years.