These policies are designed for high-net-worth individuals, allowing them to gain exposure to Bitcoin's price movements without directly holding the cryptocurrency.

Set to be available to qualified investors by the end of 2025, these innovative crypto investment products reflect a growing demand for regulated financial instruments associated with Bitcoin.

The yield from these insurance policies is linked to the performance of BlackRock's iShares Bitcoin Trust (IBIT), the largest Bitcoin ETF by assets under management, which holds approximately $70 billion.

If Bitcoin's value doubles, investors could potentially earn up to 2.4 million rubles (over $30,000) before taxes, while a decline below the initial investment guarantees the return of the principal.

BCS Life Insurance's policy requires a minimum investment of 3 million rubles ($38,000) for a three-year term, allowing for portfolio rebalancing based on market conditions.

Renaissance Life's 'Cryptocapital' program offers a two-year policy with a minimum investment of 1.5 million rubles (approximately $19,000) and includes a full capital protection guarantee.

The launch of these Bitcoin-linked insurance products is driven by recent pro-crypto policies and rising Bitcoin prices, highlighting the increasing interest in cryptocurrency among professional market participants.

Two Russian insurance firms, Renaissance Life and BCS Life Insurance, have launched investment life insurance policies (ILIPs) tied to Bitcoin, marking a significant expansion in cryptocurrency investment options following regulatory approval for crypto derivatives.

Despite regulatory efforts to limit cryptocurrency access to qualified investors, it is estimated that Russians hold over $25 billion in cryptocurrencies.

The Central Bank of Russia's regulatory approval for crypto derivatives has paved the way for these innovative financial products, reflecting a shift towards more structured cryptocurrency investments.

The Moscow Exchange, which began trading Bitcoin futures in June 2025, aims to expand its range of crypto investment products, including contracts based on other ETFs like Ether.