Close to 2 million ETH has been burned since the activation of EIP-1559. This has caused Ethereum’s annualized inflation rate to dip lower than Bitcoin’s for most of the past 7 months.
Digital asset investment products saw outflows totalling $110m last week following a 7-week run of inflows.
$80m of the outflows derived from North America with the outflows beginning at the start of last week suggesting they are a response to the US Presidential Executive Order to study digital assets more deeply