Hyperliquid Enters Nasdaq CME Crypto Index Amid Market Milestone

The cryptocurrency market has reached an important milestone as Hyperliquid (HYPE) joins the regulated Nasdaq CME Crypto Index alongside Bitcoin, XRP, and other leading digital assets. The changes to the benchmark's composition took effect today following a scheduled quarterly rebalancing, as confirmed by an official supplement to the prospectus of the Hashdex Nasdaq CME Crypto Index ETF (NCIQ) filed with the SEC.

The updated documentation revealed the exact weights of nine assets within the index. Bitcoin retains the largest share at 74.36%, while Ethereum has a 11.88% weighting. Hyperliquid debuted with a 3.36% weighting, coming close to Solana's 3.79% and surpassing all other participants.

XRP firmly retained its status as the third-largest asset in the index with a 5.21% share. The remaining less than 1.5% of the fund is divided among Cardano, Chainlink, Stellar, and Bitcoin Cash.