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GMCI L2

Last updated: 04:32:11 UTC 25.32
0.63 (2.56%)
GML2
  • # Assets Included 9
  • Last Rebalanced 29 Aug, 2025
  • Top 3 Assets by Weight POL, MNT, ARB
  • 7 Day
    -12.84%
  • 1 Month
    -29.92%
  • YTD
    -62.89%
  • All-Time % Change
    Since Jan 01, 2023
    -29.39%

About GMCI L2

The “GMCI L2” tracks leading Layer 2 blockchain technologies, shining a spotlight on innovations driving scalability and efficiency in the blockchain sphere. Focused on pivotal Layer 2 solutions, the index offers a lens through which the progress and impact of these enhancements on primary blockchain platforms are gauged.

Incorporating assets renowned for their role in advancing scalability and fostering technological breakthroughs, the “GMCI L2” equips investors with an in-depth look into the advancements propelling the secondary layer of blockchain infrastructure. As the ecosystem of blockchain continues to mature, the “GMCI L2” emerges as a pivotal indicator of scalability and efficiency innovations, mirroring the dynamic shifts in investment focus and technological development. It positions itself as a fundamental instrument for investors aiming to track and assess the evolution and potential of standout Layer 2 solutions.

GMCI L2 Methodology

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GMCI L2 INDEX COMPOSITION

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GMCI L2 RECENT ANNOUNCEMENTS

Inclusion of three additional custodians to determine asset eligibility

Starting from the upcoming rebalancing, GMCI will consider three additional custodians to determine an asset's eligibility for the GMCI asset universe. In addition to existing custodians Bitgo, Coinbase Custody, and Gemini Custody, GMCI will also consider assets supported by Zodia Custody, Anchorage Digital, and Copper. This change applies to all GMCI indices.

Read more on www.gmci.co

Update of General Index Methodology

GMCI has added clarifying language and concrete examples to its General Index Methodology document. There have been no changes to the index creation or maintenance process itself. For more information, please refer to the new index methodology.

Rebalancing reference time moved to 10:00 am UTC

From the upcoming reference date (November 22, 2024), the reference time will be moved from 4:30 pm UTC to 10:00 am UTC for all GMCI indices. This will ensure a smoother procedure, where the aim is to always distribute the new index constituents and weights on the reference date itself.

Read more on www.gmci.co

Updated Index Methodology

After consulting with various market participants and experts, GMCI has decided to add a filter to the asset selection process. Starting from the next rebalancing, an asset's market capitalization must comprise at least 1% of the Layer 2 index before applying the weight-capping mechanism. This change will not alter the index but will ensure that only relevant and proven Layer 2 protocols of meaningful size are included. This adjustment aligns with current procedures implemented for other GMCI sector indices. The changes will take effect with the next rebalancing on July 26. For more details, please check our updated index methodology.

Read more on www.gmci.co

Improvement of Asset Universe Determination

GMCI has decided to improve the asset selection process by including a minimum requirement for monthly trading volume. This ensures sufficient liquidity required for a smooth index maintenance process. For the GMCI 30, GMCI Layer 1, and GMCI Layer 2 indices, changes will come into effect with the next rebalancing on March 29. The GMCI Meme index, which launched on March 22, is already based on the new selection process. You can find more details in our updated General Index Policy.

Read more on www.gmci.co
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