CFTC Chairman Michael Selig at the FIA conference supported blockchain-based prediction markets, calling them "truth machines" that can improve transparency and accountability. He believes these markets are more reliable than traditional polls and will provide clearer event contract rules.

Odaily Planet Daily reports that Delaware Life Insurance Company, based in Delaware, USA, announced the addition of the BlackRock US Stock Bitcoin Balanced Risk 12% Index to its fixed indexed annuity (FIA) product portfolio. The index provides Bitcoin exposure through the iShares Bitcoin Trust ETF (IBIT), combining US stocks and Bitcoin with a target volatility of 12%, and offering principal protection for fixed indexed annuities. (stocktitan)