L2 and hardware wallets: how will it work?

I admit i haven’t been following the L2 upgrades as much as i should. I use a hardware wallet and was wondering how the L2 upgrade will affect my holdings of ETH and erc20 tokens on it.

Will i need to migrate them or will my hardware wallet vendor upgrade the wallet? My big fear is having to move my little amounts i have and still have to pay the high gas fees.

Thanks in advance!