Hyperliquid Strategies joins the Russell 3000, 2000 indexes
Hyperliquid Strategies (PURR), a HYPE-focused treasury company with over $1.14 billion worth of the token in its treasury, was added to the Russell 3000, Russell 2000 and S&P Global BMI indexes.
The Nasdaq-listed firm entered the Russell indexes at the open of U.S. trading on June 29 as part of FTSE Russell’s annual reconstitution. It was added to the S&P Global BMI earlier in the month.
The additions come just a week after leading crypto options platform Deribit added USDC-settled HYPE options and futures.
The token is up more than 3.4% in the past week at $65, while the broader crypto market dropped 3% in the same period, based on the CoinDesk 20 ( CD20 ) index.
Exchange-traded funds offering HYPE exposure have seen $164 million of inflows so far this month, compared to $4.29 billion of outflows for spot bitcoin ETFs.