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

According to on-chain intelligence platform Arkham (@arkham), the Grayscale Mini ETH ETF has cumulatively purchased $103.3 million worth of ETH over the past 20 days. During the same period, its older ETHE fund recorded $71.6 million in outflows, which is widely viewed by the market as an internal rotation of funds from ETHE to the Mini ETF. Factoring in the net flows across both products, Grayscale clients executed a net purchase of approximately $31.7 million worth of ETH during this period.