Therefore it says, “When he ascended on high he led a host of captives, and he gave gifts to men.” (In saying, “He ascended,” what does it mean but that he had also descended into the lower regions, the earth? He who descended is the one who also ascended far above all the heavens, that he might fill all things.)
Ephesians 4:8-10
The ascension referenced here is #yeshua's ascension to heaven ("on high"), so the descent probably isn't talking about going to Hell or Hades or Sheol, but coming to earth. It doesn't say "to the lower regions *of* the earth", but "to the lower regions, *which are* the earth". The captives he set free are all of us who were eternally condemned by our sins. See John 13:3.
That is not to say that Yeshua didn't descend to Sheol, the Hebrew word for the place where the spirits of the dead await resurrection, often called "the grave". I just don't think that's what this verse is about.