HYPE Enters US-Based Crypto Index ETF as First Altcoin

Hyperliquid's native token HYPE has made history by becoming the first altcoin to be included in a US-based crypto index ETF. The token now holds a 3.4% weighting in Hashdex's Nasdaq Crypto Index US ETF (NCIQ), making it the fifth largest asset in the portfolio.

The inclusion of HYPE is seen as significant for the token, particularly in terms of access to regulated investment products, especially those based in the US.

Bitcoin remains the largest component of the portfolio with a 74.6% weighting, while Ethereum ranks second with 11.8%. XRP has a weighting of 5.1%, and Solana's share increased from 3.2% to 3.7%