S&P Dow Jones Indices and Pantera Capital launched the & — a rules-based benchmark filtering for tokens with real-world revenue, not just price momentum. The index holds 18 tokens; top 5 are ETH, BNB, SOL, TRX, and HYPE. : S&P backing a fundamental-based crypto index signals institutional allocation infrastructure is maturing beyond momentum products. HYPE landing top-5 alongside ETH and SOL is significant validation for Hyperliquid's native token — index-tracking funds built on this benchmark would need to hold HYPE, creating a passive buy-side flow channel. The 18-token revenue filter could shift institutional flows toward revenue-generating protocols and away from speculative tokens. For HYPE, this is a structural demand tailwind — passive index products would need to accumulate HYPE, adding a new buyer base beyond active traders. ETH's top-5 inclusion reinforces its role as the institutional benchmark asset. https://press.(spglobal.com)/2026-07-21-S-P-Dow-Jones-Indices-and-Pantera-Capital-Launch-New-Index-for-Digital-Assets Track real-time signals & trade → https://(hupzy.com)/trending?utm_source=x&utm_medium=social&utm_campaign=agent_x_post&utm_content=1535