Hyperswap Token Enters ETF, Price Falls Amid Whales' Clash

Hyperswap's native token made its debut on September 3, 2026 in Hashdex's NCIQ crypto index ETF, landing a 3.4% weighting.

The move forced a rebalancing across the fund's constituents, with Bitcoin's weighting dropping to 74.6% from 78%, and Solana's allocation increasing to 3.7%.

Multicoin Capital trimmed its HYPE holdings for the third time in recent weeks, selling another 10% of its stake, leaving it with roughly $90.5 million.

A new wallet bought 94,150 HYPE tokens for close to $7.68 million from FalconX, adding to a pattern of new buyers entering the market even as legacy holders scale back.