The institutional crypto sector marked a major development as Hyperliquid (HYPE) was officially added to the Nasdaq CME Crypto Index, positioning the token alongside prominent digital assets such as Bitcoin, XRP, and Ethereum.
Quarterly index rebalancing brings new composition
This update followed the Nasdaq CME Crypto Index’s scheduled quarterly rebalancing, which went into effect today. An official prospectus supplement for the Hashdex Nasdaq CME Crypto Index ETF (NCIQ), filed with the U.S. Securities and Exchange Commission, confirmed these changes.
The latest documentation disclosed the asset allocation for the index. Bitcoin commands the largest weight at 74.36%, followed by Ethereum with 11.88%. Hyperliquid entered the index with a 3.36% weighting, outpacing multiple established tokens and nearly matching Solana, which holds a 3.79% share.
XRP remains the third-largest token in the index, holding a 5.21% share. This figure represents a minor drop attributed to common market fluctuations, but still highlights XRP’s continued importance in a shifting competitive field.
ETH
SOL
BSC
ROBINHOOD
USDT
AAPLLess than 1.5% of the remaining index weight is divided among Cardano, Chainlink, Stellar, and Bitcoin Cash.
| Asset | Index Weight |
|---|---|
| Bitcoin | 74.36% |
| Ethereum | 11.88% |
| XRP | 5.21% |
| Solana | 3.79% |
| Hyperliquid (HYPE) | 3.36% |
| Others (ADA, LINK, XLM, BCH) | <1.5% combined |
The prospectus supplement confirms that Hyperliquid has joined the ranks of Bitcoin, Ethereum, XRP, and Solana in the Nasdaq CME Crypto Index, debuting with a notable 3.36% weighting and surpassing several established assets.
Hyperliquid’s path to institutional inclusion
Hyperliquid secured its spot in the Nasdaq CME Crypto Index by meeting strict criteria for market capitalization, liquidity, and custody security. These requirements aim to ensure institutional-level risk controls and transparency, reflecting the standards upheld across U.S. financial markets.
According to SoSoValue’s September 1 data, the net asset value of spot HYPE exchange-traded funds (ETFs) reached $461.54 million, representing 2.45% of HYPE’s total market capitalization. BlackRock’s IBYH fund led the segment with $236.10 million in net assets, followed by Fidelity’s FHYP with $138.59 million, and 21Shares’ THYP with $86.85 million.
| Fund | Net Assets |
|---|---|
| BlackRock IBYH | $236.10 million |
| Fidelity FHYP | $138.59 million |
| 21Shares THYP | $86.85 million |
Aggregate net inflows to these HYPE ETFs totaled $344.31 million, with the daily trading volume reported at $14.72 million. Ahead of the index rebalancing, the HYPE token traded at $83.62.
With Hyperliquid’s addition to the Nasdaq CME index, investors in the Hashdex fund now gain automatic exposure to HYPE alongside Bitcoin, XRP, Ethereum, and other key crypto assets.
Mini dictionary: Hyperliquid is a blockchain-based platform and token that focuses on providing decentralized, non-custodial exchange infrastructure, emphasizing high liquidity and efficient transaction processing without intermediaries.
By adding Hyperliquid to its roster, the Nasdaq CME Crypto Index broadens investor access and diversification within regulated ETF offerings, reflecting ongoing expansion in the institutional adoption of digital assets.
