Eightcap Launches CoinDesk 20 CFD for Retail Traders

Australian fintech firm Eightcap has introduced a contract for difference (CFD) tied to the CoinDesk 20 Index (CD20), offering retail traders exposure to a weighted basket of major digital assets. The product, available in both fiat and USDT pairs, marks another step in bridging crypto with traditional finance.

CFDs allow traders to speculate on price movements without owning the underlying assets. Eightcap's offering provides institutional-grade crypto index access within a regulated framework, leveraging its licenses in the U.K., EU, Bahamas, and Australia.

The move reflects growing crypto market maturation as derivatives products mirroring traditional finance instruments gain traction. No specific coins or exchanges are mentioned in the announcement beyond the index composition.