MSCI has frozen $GOTO’s rebalancing for the May 2026 review. The issue? The Rp50 price floor on IDX has created a classic liquidity trap. With no active buyers at Rp50, global passive funds literally can't replicate the index.
By freezing GOTO's parameters (NOS, FIF, DIF), MSCI is protecting tracking funds from an impossible trading bottleneck. However, this is an ultimatum. MSCI explicitly noted they will review liquidity for August 2026 and will delete GOTO if the freeze persists.
Ball is now in IDX and GOTO management's court to tweak the trading mechanism or pull a corporate action before August.
https://t.co/03kweWC2Eg