Markets
Ether and Uniswap Advance on Regulatory Actions: CoinDesk Index Market Update
CoinDesk Indices (CDI) presents its bi-weekly market update, highlighting the performance of leaders and laggards in the benchmark CoinDesk 20 Index (CD20) and the broad market index CoinDesk (CMI).
Ether (ETH) has gained more than 20% this week, buoyed first by rumors and then by news that the The SEC was moving to approve the listing of a spot ETH ETF.
Uniswap (UNI) added 21% alongside his answer this week to a notice Wells received from U.S. regulators.
Underperforming large-cap assets include Ripple (XRP)Cardan (ADA) and ChainLink (CONNECTION)not to mention bitcoin (BTC) which gave up early gains to end the week slightly higher.
CoinDesk 20 tracks major digital assets and is investable across multiple platforms. The broader CMI includes approximately 180 tokens and seven crypto sectors: currency, smart contract platforms, DeFi, culture and entertainment, computing and digitalization.