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Hashdex added HYPE to its NCIQ ETF at a 3.36% weighting on September 1, 2026, reducing Bitcoin's share of the fund from 78% to 74.36%.
Multicoin Capital has sold roughly 75% of the 4 million HYPE it accumulated in February and March 2026, leaving about $90.5 million worth of the token as its largest publicly visible on-chain position.
Multicoin published a base-case target of $319 for HYPE by 2028 on June 25, 2026, but deposited roughly $59 million worth of HYPE to Coinbase over the following month as it cut its position.
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