Markets
Ether and Uniswap Advance on Regulatory Actions: CoinDesk Index Market Update
CoinDesk Indices (Permanent contract) presents its bi-weekly market update, highlighting the performance of leaders and laggards in the benchmark CoinDesk 20 Index (CD20) and the CoinDesk broad market index (CMI).
Ether (ETH) gained more than 20% this week, buoyed by the rumor and then the news that the The SEC was about to approve the listing of a spot ETH ETF.
Uniswap (UNITED) added 21% to the sides his answer this week to a Wells notice he received from US regulators.
Underperforming large-cap assets included Ripple (XRP)Cardano (ADA) and ChainLink (LINK)not to mention bitcoin (BTC) which gave up its early gains to end the week just slightly higher.
CoinDesk 20 tracks major digital assets and can be invested on multiple platforms. The broader CMI includes around 180 tokens and seven crypto sectors: currency, smart contract platforms, DeFi, culture and entertainment, IT and digitalization.