GMUSA: Trade the ‘Made in USA’ narrative with Wintermute
27 JAN 2025 | NEWS
Crypto narratives move fast, shaping markets and creating new opportunities. That’s why we’re making it easier for our counterparties to trade on them.
The GMCI USA SELECT (GMUSA) index, launched by GMCI, is now available for CFD trading via Wintermute Asia, our Singaporean derivatives trading entity. This is the first in a new series of narrative index baskets that allow traders to quickly trade in and out of narratives and rotate into new ones without the hassle of buying and selling all the component coins.
Wintermute has already been offering CFD trading on existing GMCI indexes like GMMEME, but GMUSA is the first in a wider rollout of narrative-driven baskets. It is tradable via chat, API, and our trading platform NODE.
The timing is fitting. Recent discussions around a potential national digital asset stockpile have driven price movements in U.S.-focused tokens. GMUSA gives traders structured exposure to this theme with a basket of top coins rooted in the US, including XRP, SOL, DOGE, ADA, AVAX, LINK, SUI, XLM, HBAR, UNI, LTC, NEAR, and APT. Since election day on November 5, the index is up by 166%.
Indexes have long been essential in traditional finance, providing traders with efficient exposure to broad market themes. Crypto is finally catching up, and Wintermute is making sure our counterparties can take full advantage. You can now access structured exposure to key narratives and trade them without the usual inefficiencies.
GMUSA is just the beginning. More narrative indexes are coming, giving our counterparties new ways to express views, hedge positions, and capture market momentum without the inefficiencies of trading each asset individually.
Have a specific narrative basket in mind? Let us know!
This material is provided by Wintermute Asia solely for informational purposes, and is intended only for sophisticated, institutional investors. Specifically, derivatives trading with Wintermute Asia is not suitable for retail persons in the United Kingdom. Trading and investing in digital assets and derivative transactions involve significant risks including price volatility and illiquidity and may not be suitable for all investors. Wintermute Asia is not liable whatsoever for any direct or consequential loss arising from the use of this material. This material does not constitute an offer or commitment, a solicitation of an offer, or commitment, or any advice or recommendation, to enter into or conclude any transactions, or to provide investment services in any state or country where such an offer or solicitation or provision would be illegal.
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