HYPE Price Rises as Hashdex Includes Hyperliquid in Crypto ETF
- Hyperliquid (HYPE) price increased by 1.29% to approximately $83.
- Hashdex added HYPE to the Nasdaq CME Crypto Index ETF (NCIQ), effective September 1, increasing holdings from eight to nine assets.
- HYPE has a weighting of 3.36% in the index, which now includes Bitcoin, Ethereum, XRP, Solana, and others.
- Bitcoin remains the largest asset in the index at a weight of 74.36%, followed by Ethereum at 11.88% and XRP at 5.21%.
- Hashdex’s CIO noted that the ETF was designed for expansion as the cryptocurrency market evolves.
The inclusion of HYPE into NCIQ allows investors exposure to Hyperliquid without needing separate purchases, aligning with Hashdex’s strategy for systematic investment in an evolving market.
With Bitcoin holding a dominant position at over three-quarters of the index’s allocation, HYPE’s entry reflects growing interest in diverse crypto assets within regulated frameworks.
