CryptoMediumUpdated×5Originally published 3 September 2026Updated 3 September 2026
2 min read

Hyperliquid's HYPE Token Added to US-listed Hashdex Crypto ETF

Key Facts

1Hyperliquid's HYPE token has been added to the US-listed Hashdex Nasdaq CME Crypto Index ETF (NCIQ).
2HYPE ranks as the fifth-largest holding in the ETF with a 3.4% weighting.

In a move reflecting the growing recognition of emerging digital assets within regulated investment vehicles, Hyperliquid's HYPE token has been added to the US-listed Hashdex Nasdaq CME Crypto Index ETF (NCIQ). According to reports, this marks the first time the platform's native token has been included in a crypto index ETF within the United States market. The inclusion follows the expansion of Hyperliquid's financing and its growing market presence, which led to its selection for the Nasdaq CME Crypto Index.

HYPE currently ranks as the fifth-largest holding within the ETF, carrying a 3.4% weighting in the overall portfolio. This allocation indicates the fund management's confidence in the liquidity and market standing HYPE has achieved relative to other digital assets in the index. Per analyst data, this inclusion provides the token with institutional legitimacy and potential liquidity inflows from traditional market investors through the exchange-traded fund.

Looking ahead, updated price data for the HYPE token was unavailable at the close of September 3, 2026, leaving qualitative trends as the primary focus for monitoring. Traders should watch the impact of this inclusion on liquidity levels alongside global economic data affecting risk appetite; previous data from August 2026 showed mixed US employment figures and European consumer confidence, factors that may indirectly influence ETF flows.

Latest Updates · 5

  1. Notable·

    Update: Hyperliquid has unveiled the HIP-3 extension, a technical framework designed to allow independent deployment teams to create permissioned markets using on-chain allowlists. This update grants developers comprehensive control over access and operations within these independently deployed environments, further expanding the platform's utility for specialized trading.

  2. Notable·

    Update: Hyperliquid Strategies Inc. (PURR) has expanded its committed equity purchase arrangement with Chardan Capital Markets. This move is designed to bolster the company's digital asset treasury strategy involving the HYPE token, providing additional financial flexibility to support the platform's market growth.

  3. Notable·

    Update: In a parallel technical development, Hyperliquid has unveiled the HIP-3 proposal as an optional layer designed for permissioned markets. This move aims to enhance access control flexibility and support regulatory compliance strategies, potentially broadening the platform's utility for major institutional financial entities.

  4. Notable·

    Update: In a technical development enhancing the platform's institutional appeal, Hyperliquid has added optional permissioned market functionality to its HIP-3 proposal. This move aims to bridge the gap between DeFi and traditional finance, potentially facilitating the entry of regulated entities and major financial institutions into the HYPE ecosystem.

  5. Notable·

    Update: Hyperliquid Strategies has strengthened its financial runway by increasing its equity facility with Chardan to $2.5 billion as of September 3, 2026. The agreement includes a Nasdaq-imposed cap limiting discounted sales after exceeding a $1 billion threshold, providing substantial capital depth to support the platform's expansion.