ETF cash flow 🇺🇸

BTC: +75.3 million USD
ETH: +29.5 million USD
SOL: +21.0 million USD

🏛 NEW ANALYSIS FROM FIDELITY: ETHEREUM IS LIKE A DIGITAL NATIONAL ECONOMY

Fidelity investment company ( manages $4.9 trillion USD) suggests that a blockchain can be assessed similarly to a country, and Ethereum operates in a manner very similar to the GDP of a real economy.

📊 HOW ETHEREUM CREATES "GDP" IN THE DIGITAL WORLD

Ethereum can be divided into 4 parts similar to the economic activities of a country:

⭐ Consumption (Consumption)

Gas fee = like consumption tax

Application revenue = similar to service fee

NFT sales = digital value goods

⭐ Government Spending (Government Spending)

Subsidy = ETH spent to support the ecosystem

Security budget = new ETH generated to reward validators

⭐ Investment (Investment)

ETH stake = like depositing in a bank to protect the network

Liquidity pools → Liquidity funds used to support trading activities

⭐ Imports and Exports (Net Exports)

Blockchain bridge = assets moving between different chains

Stablecoin/DePIN = assets built directly on Ethereum

💸 ETH FUNCTIONS AS A TYPE OF CURRENCY

- ETH is not just a token, but rather like the national currency of Ethereum:

- Used to pay transaction fees ( accounting units )

- Used as a medium of exchange

- Used to store value (store of value)

📈 DATA SHOWS

In 2023: ETH accounted for 68% of DEX trading volume and 31% of lending deposits.

In 2024: ETH increased to 74% of DEX trading but decreased to 21% of lending deposits.

✅ SUMMARY: According to Fidelity, Ethereum is a real digital economy, where ETH serves both as a medium of exchange and a store of value – similar to gold in the traditional economy.