US Spot Ethereum ETFs Draw $70.5 Million in Fifth Straight Day of Inflows

US spot Ethereum ETFs recorded a net inflow of $70.5 million on Wednesday, July 8 (17 Tir), marking a fifth consecutive session of positive flows. Fidelity's FETH fund led with $69.2 million in inflows, while VanEck's ETHV added another $1.3 million. The gains came even as US spot Bitcoin ETFs saw outflows the same day, a divergence analysts say points to gradually returning institutional demand for Ethereum despite the geopolitical tensions from the Iran-US war and this week's muted moves in digital-asset prices.