Hyperliquid Becomes Fifth-Largest Holding in Hashdex’s Crypto ETF as Multicoin Sells Stake
On September 1, 2026, Hyperliquid (HYPE) became the fifth-largest holding in Hashdex's Nasdaq CME Crypto Index ETF (NCIQ), with a weighting of 3.36%. This addition reduced Bitcoin’s share from 78% to 74.36%, while Ethereum held at 11.88%, XRP at 5.21%, and Solana increased slightly to 3.79%. The fund now includes nine assets, with a total of $431.37 million in net assets. Meanwhile, Multicoin Capital has been selling its stake in HYPE after acquiring around 4 million tokens earlier in the year. Despite publishing a bullish report on June 25 projecting a price target of $319 by 2028, the firm sold approximately 75% of its position through Coinbase Prime between July and August 2026, totaling about $59 million worth of HYPE.
Topics: crypto ETF Hashdex Hyperliquid (HYPE) Multicoin Capital