Hyperliquid Gains Regulatory Exposure in Nasdaq CME Crypto Index ETF

Hyperliquid's price has surged by 1.29% to around $83 as it gains exposure through the Hashdex Nasdaq CME Crypto Index ETF.

The addition of Hyperliquid (HYPE) to the multi-asset spot crypto ETF, which trades under the NCIQ ticker, increases the fund's holdings from eight crypto assets to nine.

According to Samir Kerbage, CEO of Hashdex, the ETF was designed to expand as the cryptocurrency market developed. He said the addition of Hyperliquid gives investors exposure to the token without requiring them to purchase it separately.