Hashdex adds Hyperliquid to crypto ETF as token reaches $83

Hashdex has added Hyperliquid's HYPE token to its NCIQ crypto ETF, giving it a 3.36% share of the fund. The token's price rose to $83 shortly after the news. ETFs are investment products that let traditional investors buy into assets more easily, so inclusion in one usually shows that institutions trust an asset. At the same time, one large investor, often called a whale, bought $11.8 million worth of HYPE in a single purchase. This kind of big buy often signals strong confidence in a token's future value. Hyperliquid's financing facility has also grown to $2.5 billion, which suggests the project is attracting serious financial backing from multiple directions.