08:48
Russian insurance giant launches Bitcoin-linked life insurance products, offering BlackRock IBIT exposure through Moscow exchange.
According to local media reports on July 2, Russia's two major insurance giants Renaissance Life and BCS Life Insurance have launched investment-linked life insurance products tied to Bitcoin (ILIPs). These innovative products allow investors to gain exposure to the world's largest Bitcoin ETF - BlackRock iShares Bitcoin Trust (IBIT), without directly holding digital assets. The products provide an alternative way to participate in this popular asset class by linking to Bitcoin futures contracts traded on the Moscow Exchange (MOEX).
BTC-0.8%

