CoinDesk Indices Bi-Weekly Market Update: Ether Gains 20% on SEC News, Uniswap Rises 21% Amid Regulatory Scrutiny

CoinDesk Indices (CDI) has released its bi-weekly market update, which highlights the performance of the CoinDesk 20 Index (CD20) and the CoinDesk Market Index (CMI). This week, Ether (ETH) gained over 20% due to the SEC's potential approval of a spot ETH ETF. Uniswap (UNI) also saw a 21% increase after responding to a Wells Notice from U.S. regulators. However, Ripple (XRP), Cardano (ADA), ChainLink (LINK), and bitcoin (BTC) underperformed and finished the week with only marginal gains. The CoinDesk 20 Index tracks top digital assets and is investible on multiple platforms, while the broader CMI includes approximately 180 tokens and seven crypto sectors.