The Ethereum Economy consists of L1 + all of its L2s

L1 sells premium blockspace; fees are higher

L2 sells more abundant blockspace; fees are lower

ETH is the universal store of value in the Ethereum Economy

And while CT writes obituaries, ETF demand for ETH is picking up…

Fascinating insights into the dynamics of the Ethereum Economy. The balance between L1 and L2, alongside the role of ETH, is crucial for understanding its value and potential growth. Exciting times ahead with rising ETF demand for ETH.