Leading cryptocurrency exchange Bitget announced the addition of the GMCI indices to its futures market, enabling traders to access a diversified range of assets securely.
The GMCI indices are curated based on strict criteria to ensure a verified overview of the market.
For any coin to be included in the GMCI Indices, it must be actively traded on at least one of eight major centralised exchanges (CEXs) with sufficient trading volume.
Additionally, each coin must have the support of at least one of three custodians, ensuring the integrity and security of assets.
The indices focus on coins with transparent circulating market capitalisation.
Circulating Market Cap information is obtained from CoinMarketCap and CoinGecko, and live pricing information is sourced from Coin Metrics, which also serves as GMCI’s third-party index calculation agent.
“At Bitget we prioritise the security of our users while delivering world-class innovation. This aligns with Bitget’s broader strategy of accelerating utility and mass adoption of crypto within a safe and secure ecosystem,” said Gracy Chen, CEO of Bitget.
“By providing a curated set of assets backed by trusted custodians, we aim to empower traders with informed, diversified options to enhance the ease of managing wealth,” she said.
The GMCI 30 index stands out by featuring the top 30 coins within the GMCI asset universe, excluding stablecoins, wrapped assets, and staked assets such as USDC, WBTC, and stETH.
This index provides traders with exposure to a comprehensive set of the leading digital assets, capturing the broader market’s movements while maintaining diversification and reducing over-concentration in any single asset.
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