TLDR
- HYPE price is up 1.29% to around $83 after Hashdex added Hyperliquid to its NCIQ crypto ETF
- HYPE joins the Nasdaq CME Crypto Index with a 3.36% weighting, expanding the fund from eight to nine assets
- Hyperliquid Strategies expanded its equity financing facility with Chardan Capital Markets from $1 billion to $2.5 billion on September 1
- A whale purchased $11.8 million in HYPE in a single day, according to crypto analyst Ted (@TedPillows) on X
- Hyperliquid is also in talks with Kraken parent Payward to offer regulated perpetual futures to U.S. traders
Hyperliquid’s native token HYPE is trading around $83, up 1.29% after two pieces of news landed at roughly the same time. Asset manager Hashdex added HYPE to its multi-asset spot crypto ETF, and Hyperliquid Strategies raised its equity financing capacity to $2.5 billion.
Hashdex made the change to its Nasdaq CME Crypto Index ETF, which trades under the ticker NCIQ, effective September 1, 2026. The fund now holds nine crypto assets, up from eight.
HYPE enters the index with a 3.36% weighting. Bitcoin remains the largest holding at 74.36%, followed by Ethereum at 11.88%, XRP at 5.21%, and Solana at 3.79%.
Hyperliquid Secures a Spot In Hashdex’s ETF
Hashdex has added Hyperliquid’s hyperliquid:native to its Nasdaq CME Crypto Index ETF, effective September 1.
The move expands NCIQ from eight crypto assets to nine. HYPE enters the index with a 3.36% weighting, according to cited… pic.twitter.com/DwzCkSHurZ
— BSCN (@BSCNews) September 2, 2026
The index now includes Bitcoin, Ethereum, XRP, Solana, Hyperliquid, Stellar, Cardano, Chainlink, and Bitcoin Cash.
Hashdex launched NCIQ in February 2025 with just Bitcoin and Ethereum. The fund uses a rules-based methodology covering liquidity, market cap, custody support, and regulatory listing standards.
Hashdex CIO Samir Kerbage said the fund was always designed to grow. “When we launched NCIQ in February 2025 with two assets, the whole point was that the portfolio would expand,” Kerbage said.
He also pointed to Hyperliquid’s decentralized trading model and recent regulatory developments as reasons the ecosystem has become more relevant to financial markets.
Hyperliquid Strategies Expands Financing Facility
On the same day, Hyperliquid Strategies filed with the SEC to expand its equity financing facility with Chardan Capital Markets from $1 billion to $2.5 billion. The expanded capacity does not mean the company has raised that amount.
This whale bought another $11,800,000 in $HYPE today.
Accumulation continues. https://t.co/mEUI9fsS2V pic.twitter.com/4iBCE8JEln
— Ted (@TedPillows) September 1, 2026
Actual proceeds depend on share sales and pricing. The company previously stated proceeds could go toward general corporate purposes, including potential HYPE purchases, though no minimum allocation is set.
Hyperliquid Strategies held 29.3 million HYPE as of August 19. Since December 2025, the company spent $773.4 million to acquire roughly 16.5 million tokens at an average price of $46.77.
PURR, the company’s Nasdaq-listed stock, closed at $11.36 on September 1, down 7.3% on the day. That price sits below the $12.02 reference level tied to a share issuance cap in the amended agreement.
