Happy Friday, everyone. This is Markets Daily from CoinDesk. I'm your host, Jen Sanassi, and on today's show,

we're passing it over to Coin Desk Indices for some weekly market insights.

Wondercraft AI voice here to give you three crypto markets takeaways from last week. And stick

around. At the end, we'll have additional analysis from Eric Irvin, CEO of OnRamp Invest. First,

Tracy Stevens, senior index manager at Coin Desk Indices provides markets highlights as of Friday, February 9th.

Bitcoin leads among the CoinDesk 20 so far this week, up 10% week to date, which puts it ahead of

35 of the 189 members of the broad market CoinDesk Market Index.

Among smaller cap assets, Payments Network COTI is up 86% this week, the most of any of the 189 assets in the CMI, amid the

announcement of a development milestone for the protocol. Ripple, down 6.5% month-on-month,

is a noticeable laggard over the medium term. XRP is one of only five assets in the CoinDesk

20 to depreciate over the past month, and is the only asset to

depreciate more than 5%. Stay tuned. After the break, we'll hear from Eric Irvin, CEO of OnRamp

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Welcome back. Eric Irvin writes. The Bitcoin ETFs have been the leading driver of price activity

over the last several weeks. More than $6 billion flowed out of the grayscale Bitcoin Trust,

or GBTC, in the first couple

...