Hyperliquid's HYPE Joins Hashdex Crypto ETF as Fifth-Largest Holding

Hashdex's NCIQ crypto ETF added Hyperliquid's HYPE token as its fifth-largest holding with a 3.4% weighting, while Bitcoin's share in the ETF declined. This reflects a shift in the ETF's allocation toward alternative crypto assets, which may influence investor interest in HYPE and broader crypto ETF flows.

• Hashdex's NCIQ ETF added Hyperliquid's HYPE token as a 3.4% holding
• Bitcoin's share in NCIQ declined as HYPE was included
• NCIQ is a crypto ETF, indicating institutional exposure to crypto assets

The inclusion of HYPE in a major crypto ETF (NCIQ) may increase demand for HYPE tokens due to institutional allocation flows, potentially supporting its price. NCIQ's Bitcoin allocation decline suggests a rotation toward smaller-cap or alternative crypto assets, which could benefit competitors or related tokens in the crypto sector.