HYPE Enters Hashdex Crypto Index ETF as Fifth-Largest Holding

Hyperliquid's native token HYPE has entered a US-listed crypto index exchange-traded fund (ETF) for the first time, joining Hashdex's Nasdaq CME Crypto Index ETF (NCIQ) at a 3.4% weighting.

The addition makes HYPE the fund's fifth-largest holding, ranking behind Bitcoin (BTC), Ethereum (ETH), XRP, and Solana (SOL).

NCIQ tracks the Nasdaq CME Crypto Settlement Price Index (NCIS), which reflects the daily close of the Nasdaq CME Crypto Index (NCI) built under Nasdaq and CME Group methodology.

As of September 1, the fund held roughly $431.37 million in net assets and shares closed that day at $19.46 against a net asset value of $19.50.