In the latest market update from CoinDesk Indices (CDI), the performance of leading cryptocurrencies is analyzed, shedding light on notable gains and losses within the CoinDesk 20 Index (CD20) and the broader CoinDesk Market Index (CMI).

Ether (ETH) experienced a significant rally, surging by over 20% throughout the week. This surge was fueled by speculation and subsequent confirmation of the SEC's intentions to approve a spot ETH ETF listing. The news provided a boost of confidence to the Ethereum ecosystem, propelling Ether's value higher.

Similarly, Uniswap (UNI) recorded a notable gain of 21% amid regulatory developments. The cryptocurrency responded positively to a Wells Notice received from U.S. regulators, indicating resilience in the face of regulatory scrutiny.

However, some large-cap assets, including Ripple (XRP), Cardano (ADA), ChainLink (LINK), and even bitcoin (BTC), underperformed during the week. Despite an initial surge above $70,000, bitcoin relinquished its gains, closing the week with only marginal growth.

The CoinDesk 20 Index (CD20) provides insights into the top digital assets and is accessible for investment across various platforms. Meanwhile, the CoinDesk Market Index (CMI) encompasses approximately 180 tokens across seven crypto sectors, including currency, smart contract platforms, DeFi, culture & entertainment, computing, and digitization.

As regulatory actions continue to influence market sentiment, investors remain attentive to developments both within the cryptocurrency space and broader regulatory landscape. The recent performance highlights the dynamic nature of the crypto market and the importance of staying informed amid evolving regulatory environments.