HYPE Enters Regulated Investment Products via Hashdex's NCIQ

The native token of Hyperliquid, HYPE, has made its first appearance in spot ETFs through Hashdex's Nasdaq Crypto Index US ETF (NCIQ). With a weighting of 3.4%, HYPE becomes the fifth largest component of the portfolio, just behind Solana. The inclusion of HYPE is considered significant, particularly for access to regulated investment products in the US.

Bitcoin holds the largest portion of the portfolio with 74.6%, down from its previous weighting of 78%. Ethereum ranks second with 11.8% and XRP has a weighting of 5.1%. Solana's share increased from 3.2% to 3.7%

As for HYPE, this is a major milestone for the token and Hyperliquid, expanding its reach into regulated investment products.