$BTC is finding its way into another corner of traditional US finance: annuities used for long-term and retirement planning. Equitable has added a Bitcoin-linked investment option to its Structured Capital Strategies Premier product, with returns linked to BlackRock’s iShares Bitcoin Trust ETF, IBIT. According to Equitable, it is the first Bitcoin-linked investment option offered within a Registered Index-Linked Annuity, or RILA. The exposure is indirect. Investors do not own Bitcoin, and Equitable’s product holders do not acquire an interest in IBIT itself. The ETF is used as the reference for the investment option’s performance. This gives investors another way to gain Bitcoin-related exposure through a regulated financial product designed for long-term savings. Bitcoin keeps moving deeper into traditional finance.