Hashdex Adds HYPE Token to NCIQ ETF, Expanding Portfolio to Nine Assets
Hashdex has added Hyperliquid's HYPE token to its Nasdaq CME Crypto Index ETF, expanding the fund from eight to nine crypto assets.
The addition of HYPE brings the total number of assets in the NCIQ portfolio to nine, with a 3.36% weighting making it the fifth-largest asset.
Hashdex launched the ETF in February 2025 with only Bitcoin and Ethereum, but has since expanded its holdings through regular updates that add new assets meeting the index's rules on market size, trading activity, custody support, and regulatory standards.
According to Hashdex Chief Investment Officer Samir Kerbage, the fund was built to grow as the crypto market changes, with a decentralized trading system and recent regulatory developments contributing to Hyperliquid's importance in both the crypto and wider financial markets.