Hyperliquid’s HYPE token is joining Hashdex’s Nasdaq CME Crypto Index ETF, trading under the ticker NCIQ, effective September 1, 2026, with a 3.36% portfolio weight. This inclusion makes HYPE the fifth-largest holding in the fund, behind Bitcoin (74.36%), Ethereum (11.88%), XRP (5.21%), and Solana (3.79%). NCIQ has expanded significantly since its February 2025 launch, growing from two assets to nine. HYPE was trading around $83 at the time of the announcement, representing a roughly 230% gain year-to-date. The ETF inclusion creates a structural source of demand for HYPE, as index funds are obligated to buy the token regardless of short-term price movements.
Source: Read the original article
