Wintermute Introduces GMUSA Index CFD, Expanding Access to U.S.-Based Crypto Assets
Wintermute has launched a new contract for difference (CFD) tied to the GMUSA index, providing traders with an efficient way to engage with the growing narrative of a U.S. strategic digital asset reserve.
Wintermute Asia, the Singapore-based derivatives arm of the global crypto market maker, has rolled out this CFD to facilitate exposure to the GMCI USA Select Index. This offering enables traders to navigate evolving market themes without needing to directly hold the underlying assets.
The GMUSA index tracks major cryptocurrency projects with legally registered U.S. entities, weighting them based on circulating supply. Leading assets in the index include XRP, Solana (SOL), and Dogecoin (DOGE), with other key components such as Cardano (ADA), Avalanche (AVAX), Chainlink (LINK), Uniswap (UNI), Hedera (HBAR), Near Protocol (NEAR), Litecoin (LTC), and Aptos (APT). Since Donald Trump’s presidential election victory in early November, the index has gained over 160%.
Serving as a benchmark for investment strategies focused on U.S.-centric blockchain projects, the GMUSA index offers traders a structured way to gain exposure. Wintermute’s CFD simplifies this further by allowing long (buy) and short (sell) positions on the index, enabling profit opportunities in both rising and falling markets without holding the individual assets. CFDs are widely utilized in forex and commodities trading due to their flexibility and accessibility.
“This marks the beginning of a series of narrative-driven index products that will allow traders to rotate between trending crypto themes with ease,” Wintermute stated in its announcement.
The CFD launch aligns with increasing speculation regarding President Trump’s potential introduction of a national digital asset reserve. While Bitcoin (BTC) is a frontrunner for inclusion, industry figures such as Ripple CEO Brad Garlinghouse have advocated for a diversified portfolio featuring multiple digital assets.
“The market has reacted strongly to discussions about a U.S. national digital asset stockpile, influencing the valuations of several U.S.-focused cryptocurrencies. The GMUSA index provides structured exposure to this trend, including assets like XRP, SOL, DOGE, ADA, AVAX, LINK, SUI, XLM, HBAR, UNI, LTC, NEAR, and APT,” Wintermute noted.
Wintermute has further revealed plans to expand its suite of narrative-driven indexes, providing traders with innovative ways to hedge risk, capitalize on market momentum, and express investment views without the complexities of managing multiple individual assets.
