Markets
Ether and Uniswap Advance Regulatory Actions: CoinDesk Index Market Update
CoinDesk Indices (CDI) presents its bi-weekly market update, highlighting the performance of leaders and laggards on the CoinDesk 20 Index benchmark (CD20) and the broad CoinDesk market index (CMI).
Ether (ETH) gained more than 20% this week, driven first by rumor and then by news that the SEC was moving to approve the listing of an ETH spot ETF.
Uniswap (UNI) added 21% next your answer this week to a warning Wells received from U.S. regulators.
Among the underperforming large-cap assets were Ripple (XRP)Cardano (ADA) and ChainLink (LINK)not to mention bitcoin (BTC) which gave up early gains to end the week only slightly higher.
CoinDesk 20 tracks major digital assets and can be invested in across multiple platforms. The broader CMI comprises approximately 180 tokens and seven crypto sectors: currency, smart contract platforms, DeFi, culture and entertainment, computing and digitalization.