Hyperliquid (HYPE) Surges to $83 After Hashdex ETF Addition and Whale Activity

Key Highlights

• Hyperliquid’s HYPE token climbed 1.29% to approximately $83 following its integration into Hashdex’s NCIQ cryptocurrency ETF
• The token secured a 3.36% allocation in the Nasdaq CME Crypto Index, bringing the total number of assets in the fund to nine
• On September 1, Hyperliquid Strategies increased its equity financing arrangement with Chardan Capital Markets from $1 billion to $2.5 billion
• Cryptocurrency analyst Ted (@TedPillows) reported on X that a major investor acquired $11.8 million worth of HYPE within 24 hours
• The platform is currently negotiating with Payward, Kraken’s parent entity, to provide regulated perpetual futures contracts for U.S.-based traders

The HYPE token from Hyperliquid is currently valued at approximately $83, marking a 1.29% increase following the simultaneous announcement of two significant developments. Investment firm Hashdex incorporated HYPE into its diversified spot cryptocurrency ETF, while Hyperliquid Strategies expanded its equity financing capability to $2.5 billion.

Hyperliquid (HYPE) Price

The modification to Hashdex’s Nasdaq CME Crypto Index ETF, trading under NCIQ, became effective on September 1, 2026. The portfolio now encompasses nine digital assets, representing an expansion from its previous eight-asset composition.

HYPE joins the index with a 3.36% allocation. Bitcoin maintains its position as the dominant holding at 74.36%, with Ethereum following at 11.88%, XRP at 5.21%, and Solana at 3.79%.

The current index composition features Bitcoin, Ethereum, XRP, Solana, Hyperliquid, Stellar, Cardano, Chainlink, and Bitcoin Cash.

NCIQ was introduced by Hashdex in February 2025, initially containing only Bitcoin and Ethereum. The fund operates on a rules-based framework that evaluates factors including liquidity, market capitalization, custodial infrastructure, and compliance with regulatory listing requirements.

Samir Kerbage, Chief Investment Officer at Hashdex, emphasized that expansion was integral to the fund’s design. “The intention behind launching NCIQ in February 2025 with two assets was always portfolio expansion,” Kerbage explained.

Kerbage further highlighted Hyperliquid’s decentralized exchange architecture and emerging regulatory clarity as factors contributing to the ecosystem’s growing significance in traditional financial markets.

Hyperliquid Strategies Boosts Capital Facility

Coinciding with the ETF news, Hyperliquid Strategies submitted documentation to the SEC expanding its equity financing arrangement with Chardan Capital Markets from $1 billion to $2.5 billion. This expanded framework represents available capacity rather than capital already secured.

The ultimate funds raised will vary based on share distribution volumes and market pricing. The organization has indicated that proceeds may support general corporate operations, potentially including additional HYPE token acquisitions, though no specific allocation requirements exist.

As of August 19, Hyperliquid Strategies maintained holdings of 29.3 million HYPE tokens. Beginning in December 2025, the firm deployed $773.4 million to purchase approximately 16.5 million tokens at a mean cost of $46.77 per token.

PURR, the company’s publicly traded stock on Nasdaq, concluded September 1 at $11.36, representing a 7.3% decline for the session. This valuation remains beneath the $12.02 reference threshold connected to share issuance limitations outlined in the revised financing agreement.

The post Hyperliquid (HYPE) Surges to $83 After Hashdex ETF Addition and Whale Activity appeared first on Blockonomi.