Grayscale Mini ETH ETF sees over $100 million in net purchases over 20 days as funds rotate from ETHE.

On October 10, according to on-chain intelligence platform Arkham (@arkham), Grayscale's Mini ETH ETF accumulated $103.3 million in ETH purchases over the past 20 days. During the same period, its legacy product, the ETHE fund, recorded $71.6 million in outflows. The market widely views this as an internal rotation of funds from ETHE to the Mini ETF. Combining the net flows across both products, Grayscale clients made net purchases of approximately $31.7 million in ETH during this period.