Hyperliquid Price Jumps 1.29% with Addition to Regulated Crypto ETF
Hyperliquid's price has risen 1.29% to around $83 after its addition to Hashdex's Nasdaq CME Crypto Index ETF.
The ETF, which trades under the ticker NCIQ, now includes nine supported crypto assets: Bitcoin, Ethereum, XRP, Solana, Hyperliquid, Stellar, Cardano, Chainlink, and Bitcoin Cash.
Hyperliquid has a 3.36% weighting in the index, with Bitcoin holding a dominant 74.36% allocation and Ethereum at 11.88%.
Hashdex CIO Samir Kerbage said NCIQ was designed to expand alongside the evolving digital asset market, highlighting Hyperliquid's decentralized trading model and recent regulatory developments.
The inclusion in the ETF provides another regulated investment channel for HYPE and could increase its visibility among traditional and institutional crypto investors.